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Ruskin Felix Consulting

Ruskin Felix Consulting

Key Takeaways from Finance Bill 2023

Indian economy Falling economy Finance Bill 2023

The Budget Act for 2023 was approved by the Lok Sabha on 24th March. Among these are the establishment of a commission to examine the National Pension System, an increase of up to 25% in the securities transaction tax on the sale of futures and options contracts, and the elimination of the long-term capital gains tax benefit for debt mutual funds. In addition, as of April 1, TDS will be implemented for online gaming.

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