ULIP taxation, exemption of dividend withholding to REITs and InvITs and other stock market-related amendments – A view

On Feb 01, 2021, the Finance Minister (FM) Nirmala Sitharaman has announced the Union budget 2021 proposals in the backdrop of a pandemic-affected economy in which the Government spending had gone up significantly, with a simultaneous dip in the tax collections. In this backdrop, there were speculations as to certain measures being proposed by the Government to boost tax collections, especially to tax the surge in stock market investments. While there are not many changes to the individual or coOn Feb 01, 2021, the Finance Minister (FM) Nirmala Sitharaman has announced the Union budget 2021 proposals in the backdrop of a pandemic-affected economy in which the Government spending had gone up significantly, with a simultaneous dip in the tax collections. In this backdrop, there were speculations as to certain measures being proposed by the Government to boost tax collections, especially to tax the surge in stock market investments. While there are not many changes to the individual or cotaxmann.com Latest ArticlesRead More

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