While maintaining the status quo with respect to direct and indirect taxes, Union Finance Minister Nirmala Sitharaman, in the interim Budget presentation on Thursday, proposed to withdraw small, non-reconciled, and disputed direct tax demands.
Also Read: Puffed-up and poll-ready: Nirmala Sitharaman’s first Interim Budget
Although the interim Budget for 2024-25 did not propose any changes in existing taxation, start-ups are offered certain tax benefits by way of extension of exemptions. Take a look at The Hindu’s reports.
