Niti Aayog proposes wider presumptive tax to boost FDI
In a move that will help accelerate foreign investments, a NITI Aayog paper on Friday suggested introducing an optional presumptive taxation regime with…
Tag: presumptive taxation
Webinar : Presumptive Taxation u/s 44B, 44BB, 44BBA, 44BBB, 44AD, 44ADA & 44AE
Webinar on 30th Aug 25 at 3 pm by Mr. Ganesamoorthi V on topic Presumptive taxation
Book: 360 degree approach to PRESUMPTIVE TAXATION
Book title – 360 degree approach to presumptive taxation
CBDT notifies amendments in Income-tax Rules, 1962 to prescribe conditions for applicability of presumptive taxation regime for non-resident cruise ship operators
As a measure to promote investment and employment, Finance (No. 2) Act, 2024 inter alia provided a presumptive taxation regime for non-residents, engaged in the business of operation of cruise ships. Further, exemption has been provided for any income of a foreign company from lease rentals of cruise ships, received from a related company which operates such ship or ships in India. Applicability of this presumptive taxation regime is subject to the conditions, as prescribed.