Section 56(2)(viib) Amendment

No Tax on Excess Share Premium FY 2025-26

No Tax on Excess Share Premium FY 2025-26

A significant and highly welcomed change that will affect business and investors in India during the financial year FY 2025-26 is the abolition of the Tax on Excess Share Premium. Entrepreneurs, start-ups and private limited companies are particularly interested in this development since it has a direct effect on ITR filing and compliance. We can … Read more