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While analysts debate whether this shift is a temporary adjustment or a broader paradigm change, several sectors including agriculture, capital goods, cement, consumer, financials, telecom, and utilities are poised to benefit from the measures in the budget.
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News and Media
The new income tax law will be easier to understand, free of outdated provisions, and aims to encourage taxpayers to switch to the new regime with significant concessions. Additionally, a new crypto asset reporting provision has been introduced to align with India's international commitments.
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News and Media
Budget's tax proposals and incentives for GIFT City are expected to attract international investors and fund managers by extending tax concessions until 2030. This will increase demand for real estate and office spaces, driven by an anticipated population influx and enhanced investment opportunities in the financial ecosystem.
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News and Media
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