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India releases Union Budget 2024

|Tax Alerts, Legislation & Policy, Na ...|India
India

  • The Finance Minister of India presented the Union Budget for 2024 on 23 July 2024.
  • Proposed changes include a reduced corporate rate for nonresident taxpayers, holding period changes for capital assets, and a onetime tax settlement option.
  • This Alert summarizes the key tax proposals.
 

Executive summary

The Finance Minister of India presented the Union Budget 2024 (the Budget) on 23 July 2024. …

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