乐鱼(Leyu)体育官网

Industries

Helping clients meet their business challenges begins with an in-depth understanding of the industries in which they work. That鈥檚 why 乐鱼(Leyu)体育官网 LLP established its industry-driven structure. In fact, 乐鱼(Leyu)体育官网 LLP was the first of the Big Four firms to organize itself along the same industry lines as clients.

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What is culture? Culture is how we do things around here. It is the combination of a predominant mindset, actions (both big and small) that we all commit to every day, and the underlying processes, programs and systems supporting how work gets done.

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India: Revisions to direct tax amendments proposed by Union Budget 2025

Amendments proposed under Union Budget 2025 have been revised.

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March 26, 2025

Revisions to the amendments proposed to the Income-tax Act, 1961 by the Finance Bill, 2025 (read TaxNewsFlash) include:

  • Presumptive taxation scheme for nonresidents providing electronics manufacturing services: Expanded to include income in the nature of royalties or fees for technical services otherwise taxable on gross basis
  • Equalisation levy on online advertisement services provided by nonresidents: Repeal the levy effective April 1, 2025
  • Treatment of securities held by investment fund and invested in accordance with SEBI regulations as capital assets: Extended to securities invested in accordance with IFSCA Act, 2019
  • Funds in International Financial Services Centre (IFSC) qualification for tax exemption: Repeal of separate conditions imposed for qualification for tax exemption

Read a prepared by the 乐鱼(Leyu)体育官网 member firm in India

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