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

Budget speech 2024-25

23-Jul-2024 | F. No. 2(3)-B(D)/2024

Ministry of Finance has presented budget for the 2024-25 on 23th July, 2024 in the parliament.

Key highlights of the Budget :-

1. Tax rate structure in the new income Tax regime has been revised -
1. For 0-3 lakh - Nil
ii. For 3-7 lakh - 5%
iii. For 7-10 lakh - 10%
iv. For 10-12 lakh - 15%
v. For 12-15 lakh - 20%
vi. More than 15 lakh - 30%
vii. Standard Deduction amount raised to 75,000.

2. Capital Gains Tax
Short term capital gain tax revised to 20% while long term capital gain tax raised to 12.5% on Financial assets
STT (Security Transaction Tax) on derivatives raised to to 0.02%.

3. Abolish Angel tax for all classes of investors
4. Simpler tax regime to operate domestic cruise
5. Provide for safe harbour rates for foreign mining companies (Selling raw diamonds)
6. Corporate tax rate on foreign companies reduced from 40% to 35%.


For details please refer the attachment.

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

CDSL- Reiteration of SEBI Circular on Norms for sharing and usage of price data for educational purposes

12-May-2026 | CDSL/OPS/DP/POLCY/2026/321

CDSL has reiterated the SEBI Circular on the norms for sharing and usage of price data for educational purposes, effective from July 01, 202

Read More
Corporate Laws

CDSL- Incorporation of Lock-In of Pre-Issue Capital during Initial Public Offering

04-May-2026 | CDSL/OPS/RTA/CAIPO/2026/128

CDSL has issued a communique on the incorporation of Lock-In of Pre-Issue Capital during Initial Public Offering. Through this communique,

Read More
Corporate Laws

CDSL- Reiteration of SEBI Circular on Fast-Track Mechanism for Processing of Placement Memorandum of AIFs filed with SEBI (“PaRRVA”)

04-May-2026 | CDSL/OPS/RTA/POLCY/2026/129

CDSL has reiterated the SEBI circular on the Fast-Track Mechanism for Processing of Placement Memorandum of AIFs filed with SEBI (“PaR

Read More
Corporate Laws

CDSL- Reiteration of SEBI Circular on Operationalisation of Past Risk and Return Verification Agency (“PaRRVA”)

14-May-2026 | CDSL/OPS/RTA/POLCY/2026/130

CDSL has reiterated the SEBI circular on the operationalisation of Past Risk and Return Verification Agency (“PaRRVA”). Key hig

Read More

Recent Posts

7

7

7 | 7

7

Read More

|

Read More
I

I

I | I

I

Read More
2

2

2 | 2

2

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.