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# llptaxreforms

1 posts in `llptaxreforms` tag

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Income tax

Tax Reforms for LLPs & Partnership Firms: What’s Changing in April 2025?

With effect from April 1, 2025, the Finance Act implements major income tax reforms for partnership enterprises and limited liability companies in India. This article examines the changes that are expected, their possible effects, and practical measures that companies may take to ensure a seamless transition.