TDS on sale of immovable property for NRI through regular process. #Budget2026

Integrate assessment and penalty proceedings. #Budget2026

ITR-U (updated ITR) be allowed after reassessment with additional payment. #Budget2026

Penalties for technical defaults are proposed to be converted into fee (instead of % based computation). #Budget2026

Not much reforms till now WRT direct taxes. #Budget2026

Tax holiday to 2047 to any foreign company to cloud company providing services from India. #Budget2026

Exemption from MAT to NRs who pay tax on presumptive basis. #Budget2026

Buyback to be taxed as CG for retail share holders. Promoters to pay an additional buyback tax. #Budget2026

Raise STT on futures significantly. STT on options premium. Bad for markets. #Budget2026

Derivatives are price discovery mechanisms. Hindering that would affect Indian markets in longer term. #Budget2026

BCD on various products exempted. #Budget2026

Reduce tariff rates for personal use from 20% to 10%. #Budget2026

BCD on 17 lifesaving drugs exempted. #Budget2026

Markets not liking STT news. Sharp drop in Nifty. #Budget2026

All tweets based on live speech. Analysis of fineprint to follow. #Budget2026

#NIFTY Looks like a good time to do enter NIFTYBEES or any other index / largecap ETF or MF. My favorite allocation - 1. NIFTYBEES / SETFNIF50 - 40% allocation 2. Kotak ALPHA 50 - 30% allocation 3. DIVOPPBEES - 30% allocation

#Nifty - looks like people who bought on lows are exiting. Might be a temporary pause or even reversal, momentum is fading. Won't go bullish now for very short term.

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In a big new update, the city officials website now includes data for Mumbai, Delhi, Chennai, Hyderabad, Kolkata and Pune 🕵🏻‍♂️ There's also many small new features like a share button, satellite view and more Enjoy responsibly - cityofficials.bengawalk.com