Ahead of Budget 2026: Centre completes key direct tax changes; aims to boost investment certainty and ease compliance
The government has enacted significant direct tax reforms to boost investment and ease compliance. Key changes include reclassifying AIF securities as capital assets, extending startup tax benefits until 2030, and introducing presumptive tax for non-resident electronics service providers. Inland vessels now qualify for the Tonnage Tax Scheme.
The government has enacted significant direct tax reforms to boost investment and ease compliance. Key changes include reclassifying AIF securities as capital assets, extending startup tax benefits until 2030, and introducing presumptive tax for non-resident electronics service providers. Inland vessels now qualify for the Tonnage Tax Scheme.
