Budget 2025: Will Budget streamline tax structures to smoothen M&A deals?

Deloitte expects the Union Budget 2025 to focus on streamlining tax structures for mergers and acquisitions. Deloitte also outlines three expectations, including clarification on taxation of contingent consideration, interpretation of Section 56(2)(x) for listed company trades, and exemptions for internal group restructuring to enable carry-forward of business losses.