Residential house property letting income taxed under 'Income from house property', not 'Business income'. Section 28 amended for clarity from AY 2025...
TDS on property transfer based on aggregate payment to all sellers, not individual payments below Rs. 50L. Prevents misinterpretation. Effective 1/10/...
Customs duty rates have been revised for various agricultural products, aquafarming and marine exports, critical minerals, steel sector, copper, chemicals and plastics, textile and leather sector, cancer drugs, precious metals, medical equipment, IT and electronics sector, renewable energy sector, shipping, and capital goods. Export duty has been simplified and rationalized for raw skins, hides, and leather. Duty rates have been reduced on certain items to promote domestic manufacturing and exports, while increased on some goods to provide reasonable protection to domestic industry.
Customs duty rates have been revised for various agricultural products, aquafarming and marine exports, critical minerals, steel sector, copper, chemicals and plastics, textile and leather sector, cancer drugs, precious metals, medical equipment, IT and electronics sector, renewable energy sector, shipping, and capital goods. Export duty has been simplified and rationalized for raw skins, hides, and leather. Duty rates have been reduced on certain items to promote domestic manufacturing and exports, while increased on some goods to provide reasonable protection to domestic industry.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 21
Join Channel
TaxTMI 
