5️⃣Updated Return (ITR-U) Time Limit Extended
You now get 4 years to file a revised return and disclose missed income.
But there’s a cost:
Within 12 months: +25% extra tax
24 months: +50%
36 months: +60%
48 months: +70%
Longer you wait, higher the penalty. So act fast.
Posted On:28 Mar 2025
🔟Bonus: Deemed Let-Out Property Rules Relaxed
Earlier: 2nd home = assumed rental income unless justified by job transfer, etc.
Now:
You can declare 2 houses as self-occupied
NIL annual value
No conditions needed!
Massive relief for families with multiple homes.
Posted On:28 Mar 2025
7️⃣Start-Up Tax Exemption Extended
Under Section 80-IAC:
Startups incorporated before 1 April 2030 can claim:
100% tax deduction of profits
For 3 years out of 10 from incorporation
Conditions apply — but massive relief for new-age businesses and founders.
Posted On:28 Mar 2025
8️⃣Section 206AB & 206CCA Omitted
Earlier, these forced deductors to check if the payee filed ITRs. If not — deduct higher TDS/TCS.
This led to:
Delays
Blocking of working capital
Compliance headaches
Now from April 2025 — both sections scrapped!
Simplified process. Less
Posted On:28 Mar 2025
3️⃣TDS (Tax Deduction at Source) Thresholds Revised
From 1st April 2025, many TDS sections have new higher limits:
Sec 193 (Interest on securities): ₹10,000 (earlier NIL)
Sec 194A (Interest other than securities):
₹1L for senior citizens
₹50K for others (banks, post office,
Posted On:28 Mar 2025
Some businesses don’t just compete but they own the market. From aircrafts to adhesives, they’ve built real-life monopolies.
Here are some of the top monopoly stocks you should know about!
[stock, stockmarket, business, monopoly, sector, industry, build, invest, finance, smc] https://t.co/uOn7U2bC5f
Posted On:28 Mar 2025
The 2025 Budget brought in major changes.
Most are pro-saver, pro-startup, pro-investor.
But only if you know and act on them.
Don’t let ignorance cost you lakhs
Plan early. File smart. Save more
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