https://www.taxtmi.com/news?id=30037 Pre Budget Memorandum proposes comprehensive direct tax and international tax reforms: a new head for income from shares and securities; inflation linked standard deduction; deferment and clearer tax treatment of ESOPs for start ups; actual rent taxation; alignment of depreciation with company law and proportionate treatment on slump sale; rationalisation of presumptive taxation and audit thresholds; broad capital gains clarifications on holding periods, conversions and reliefs including optional indexation outcomes; expanded definitions and safeguards under income from other sources; reliefs for start ups, demergers/spin offs and corporate reorganisations; and procedural and withholding reforms to reduce litigation and compliance burden. en-us Sat, 11 Jan 2025 11:20:58 +0530 Wed, 11 Feb 2026 16:00:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=30037 Pre Budget Memorandum proposes comprehensive direct tax and international tax reforms: a new head for income from shares and securities; inflation linked standard deduction; deferment and clearer tax treatment of ESOPs for start ups; actual rent taxation; alignment of depreciation with company law and proportionate treatment on slump sale; rationalisation of presumptive taxation and audit thresholds; broad capital gains clarifications on holding periods, conversions and reliefs including optional indexation outcomes; expanded definitions and safeguards under income from other sources; reliefs for start ups, demergers/spin offs and corporate reorganisations; and procedural and withholding reforms to reduce litigation and compliance burden. News - Sat, 11 Jan 2025 11:20:58 +0530 https://www.taxtmi.com/news?id=30037