Key amendments proposed in Union Budget 2024 in respect of power and utilities sector

23 Jul 2024 PDF
Subject Alerts
Categories Direct Tax
Jurisdictions India
The key highlights are:
  • Rationalization of capital gains tax provisions
  • Removal of exemption for gift by corporate entities
  • Abolition of angel tax provisions
  • Expansion of list of BCD exemption on certain goods
  • Time-limit for BCD exemption on following products extended up to 31st March 2026

Show resources

  • Download: Union Budget 2024 - Power Utilities Highlights