Request a Demo

By clicking Submit, you acknowledge that you have read and agree with the Privacy Policy
Contact Info
Unit 266, 267 & 268, Tower B1, Spaze Itech Park Sohna Road Gurugram, Haryana 122018 connect@complinity.com +91 8181 900 600
Follow Us

A Multi-Concept Theme for Digital Agencies and Startups

8181 900 600 Request a Demo Login
logo dark logo light logo
  • Products
    • Compliance Management Software
    • Contract Management Software
    • Secretarial Compliance Software
    • Litigation Management Software
    • Audit Management Software
    • Internal Financial Control Software
    • Enterprise Risk Management Software
  • Pricing
  • Industries
    • Pharmaceutical
    • Hospitality
    • BFSI
    • Manufacturing
    • NBFC
    • Renewable Energy
    • Agriculture
    • ITeS
    • Real Estate
    • Automobile
  • Legal Updates
  • Blogs
  • Videos
  • Downloads
  • Careers
Contact Sales
logo dark logo light logo
  • Products
    • Compliance Management Software
    • Contract Management Software
    • Secretarial Compliance Software
    • Litigation Management Software
    • Audit Management Software
    • Internal Financial Control Software
    • Enterprise Risk Management Software
  • Pricing
  • Industries
    • Pharmaceutical
    • Hospitality
    • BFSI
    • Manufacturing
    • NBFC
    • Renewable Energy
    • Agriculture
    • ITeS
    • Real Estate
    • Automobile
  • Legal Updates
  • Blogs
  • Videos
  • Downloads
  • Careers
Contact Sales
Mobile Logo
  • Products
    • Compliance Management Software
    • Contract Management Software
    • Secretarial Compliance Software
    • Litigation Management Software
    • Audit Management Software
    • Internal Financial Control Software
    • Enterprise Risk Management Software
  • Pricing
  • Industries
    • Pharmaceutical
    • Hospitality
    • BFSI
    • Manufacturing
    • NBFC
    • Renewable Energy
    • Agriculture
    • ITeS
    • Real Estate
    • Automobile
  • Legal Updates
  • Blogs
  • Videos
  • Downloads
  • Careers
Taxation Central Ministry of Finance Income Tax Act, 1961

Amendment Income Tax Act vide the Finance (No. 2) Act, 2024

16-Aug-2024 | 15 of 2024

Ministry of Finance has issued the Finance (No. 2) Act, 2024 with the following key amendments: a. Revision in Income tax Rates for Companies: In the case of a company other than a domestic company, the rate of tax has been reduced from 40% to 35%, on income, other than income chargeable at special rates specified in sections 110 to 115 of the Act. (Effective from AY 2025-26). b. Tax incentives to International Financial Services Centre (IFSC) c. Taxability of consideration received from a resident for issue of shares exceeding face value d. Revision of rates of securities transaction tax: the rate of STT has been increased on sale of an option in securities from 0.0625 per cent to 0.1 per cent of the option premium, and on sale of a futures in securities from 0.0125 per cent to 0.02 per cent of the price at which such futures are traded. e. Amendment of Section 55 regarding cost of acquisition for sale of unlisted equity shares under offer for sale in IPO (Note: Please refer to the official notification for specific effective dates for different sections.) For detailed information, please refer to the attached document.

Upgrade to paid version to access the Notification, Circular & Rules along with the checklist

Get Legal Updates in your email

Request a Demo

Recent Posts in Corporate Laws

Corporate Laws

IBBI notifies the IBBI (Liquidation Process) (Fourth Amendment) Regulations, 2026 pursuant to the Insolvency and Bankruptcy Code (Amendment) Act, 2026

04-Jun-2026 | No. IBBI/PR/2026/11

IBBI has notified the IBBI (Liquidation Process) (Fourth Amendment) Regulations, 2026 pursuant to the Insolvency and Bankruptcy Code (Amendm

Read More
Corporate Laws

IFSC issues Advisory on Heightened Cyber Security Risks arising from Frontier Artificial Intelligence Models

04-Jun-2026 | IFSCA-CSD/MSC/3/2026-DCS

IFSC has issued Advisory on Heightened Cyber Security Risks arising from Frontier Artificial Intelligence Models Key highlights of this cir

Read More
Corporate Laws

RBI issues notification regarding amendment in Foreign Exchange Management (Cross Border Merger) Regulations, 2018

29-May-2026 | No. FEMA 389(1)/2026-RB

RBI has issued notification regarding amendment in Foreign Exchange Management (Cross Border Merger) Regulations, 2018 with effect from 29th

Read More
Corporate Laws

MCA issues Companies (Registered Valuers and Valuation) Amendment Rules, 2026

01-Jun-2026 | G.S.R. 432(E)

MCA has issued Companies (Registered Valuers and Valuation) Amendment Rules, 2026 Through this notification, changes has been made in rule

Read More

Recent Posts

Industry Specific-Education

Implementation of Modified UGC Guidelines for Pursuing Two Academic Programmes Simultaneously

05-Jun-2026 | No.F.1-6/2007 (CPP-ll)(Comp.No.108737)

This notification informs universities and affiliated colleges/institutions about the partial modification approved by the University Grants

Read More
Industry Specific-Education

Observance of World Environment Day & Ek Ped Maa Ke Naam 3.0 campaign - reg

04-Jun-2026 | Acad-36/2026

This circular encourages schools to observe World Environment Day 2026 and promote environmental awareness in line with the objectives of Na

Read More
Corporate Laws

IBBI notifies the IBBI (Liquidation Process) (Fourth Amendment) Regulations, 2026 pursuant to the Insolvency and Bankruptcy Code (Amendment) Act, 2026

04-Jun-2026 | No. IBBI/PR/2026/11

IBBI has notified the IBBI (Liquidation Process) (Fourth Amendment) Regulations, 2026 pursuant to the Insolvency and Bankruptcy Code (Amendm

Read More
Corporate Laws

IFSC issues Advisory on Heightened Cyber Security Risks arising from Frontier Artificial Intelligence Models

04-Jun-2026 | IFSCA-CSD/MSC/3/2026-DCS

IFSC has issued Advisory on Heightened Cyber Security Risks arising from Frontier Artificial Intelligence Models Key highlights of this cir

Read More
Request a Demo

Request a Demo

By clicking Submit, you acknowledge that you have read and agree with the Privacy Policy

Complinity Logo Transparent

Complinity is a comprehensive cloud-based Compliance Management Software that helps track and monitor statutory and regulatory compliances.

Quick Links
  • Compliance Software
  • Regulatory Compliance Software
  • Statutory Compliance Software
  • Compliance Tracking Software
  • Legal Updates
Contact Info
Unit 266, 267 & 268, Tower B1
Spaze Itech Park, Sohna Road
Gurugram, Haryana 122018
connect@complinity.com
+91 8181 900 600

Request a Demo

© 2026 Complinity Technologies Private Limited. | Privacy Policy | Data Processing Addendum

Design & Developed By  Infinite IT Solutions

Request a Demo

By clicking Submit, you acknowledge that you have read and agree with the Privacy Policy
Powered by EssentialPlugin

Request a Demo

By clicking Submit, you acknowledge that you have read and agree with the Privacy Policy

Thank You for your interest in Complinity. Your CV has been forwarded to HR.
In case your profile is shortlisted, HR shall contact you.