https://www.taxtmi.com/news?id=35955 The budget implements a VAT reduction on petrol from April 1 and removes the cess on stamp duty for immovable property transactions. It creates a fund for future pension liabilities, increases the e way bill threshold, and waives specified old VAT liabilities for small traders. Significant appropriations are allocated to agricultural prosperity, rural housing, food security, women's welfare, free electricity for small agricultural pumps, and rural connectivity. Fiscal projections include GSDP and per capita income growth, capital expenditure plans, and deficits aligned with the Fiscal Responsibility and Budget Management limit. en-us Mon, 03 Mar 2025 20:31:03 +0530 Mon, 03 Mar 2025 20:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=35955 The budget implements a VAT reduction on petrol from April 1 and removes the cess on stamp duty for immovable property transactions. It creates a fund for future pension liabilities, increases the e way bill threshold, and waives specified old VAT liabilities for small traders. Significant appropriations are allocated to agricultural prosperity, rural housing, food security, women's welfare, free electricity for small agricultural pumps, and rural connectivity. Fiscal projections include GSDP and per capita income growth, capital expenditure plans, and deficits aligned with the Fiscal Responsibility and Budget Management limit. News - Mon, 03 Mar 2025 20:31:03 +0530 https://www.taxtmi.com/news?id=35955