2025-02-01 05:09:29 pm | Source: Waterfield Advisors
Quote on Budget 2025 by Vishal Yeole, Senior Director, Business Advisory, Waterfield Advisors
Below the Quote on Budget 2025 by Vishal Yeole, Senior Director, Business Advisory, Waterfield Advisors
“With over 30+ sections governing resident payments, TDS rates ranged from 0.1% to 30%. Simplifying this complex structure has been a key demand, and the government has now initiated steps to rationalize TDS provisions. In terms of dividends, providing administrative relief, no tax will be deducted on dividends paid to individual shareholders if the total amount does not exceed INR10,000.”
A new Fund of Funds (FoF) for start ups with an expanded scope and Rs.10,000 crore allocation is set to be established. This is expected to boost the growing AIF industry, attract greater domestic institutional investments, and enhance support for startup-focused Funds of Funds”
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