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Lots of relief for corporates in I-T Bill
The New Indian Express Tirunelveli
|August 18, 2025
THE New Income Tax Bill, 2025, has introduced major amendments in corporate taxation, aimed at simplifying compliance and providing greater certainty to businesses.
THE New Income Tax Bill, 2025, has introduced major amendments in corporate taxation, aimed at simplifying compliance and providing greater certainty to businesses. A key concern of double taxation on dividend income has been addressed, alongside clarifications on the Alternate Minimum Tax (AMT) for LLPs, inter-corporate dividend deductions, and the concept of 'beneficial ownership'.
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