1 天前 · There are a few tax proposals in the new tax regime which may be considered in the upcoming Budget 2025: Income Tax slab The basic exemption limit could be raised from Rs 300,000 to Rs 350,000/-. With high inflation, this will provide some relief to individuals by increasing their disposable income.

1 天前 · Budget 2025 Income Tax Expectations Live: In the recent years, several directional changes have been introduced in the personal tax landscape. These changes reflect the government's efforts and ...

2 天之前 · Budget 2025 expectations highlights: The Union Budget 2025 will be the second full budget of Modi 3.0 and may bring a variety of changes such as income tax reforms, an increased focus on ...

5 天之前 · The changes in Income tax that are being anticipated from the Budget 2025 are as follows: Reforms Under Section 80D Proposal to Raise Tax Deduction Limits to Rs 50,000 (Rs 1,00,000 for Seniors) and Include Section 80D in the New Tax Regime to …

1 天前 · By Surabhi Marwah Budget 2025 income tax expectations: As we move closer to February 1, 2025, the nation is keen to listen to the Finance Minister's speech unveiling the Union Budget 2025. In the ...

3 天之前 · Here are our top expectations: 1. Increase in Basic Exemption Limit. The basic exemption limit under the new regime is expected to increase from Rs. 3 lakhs to Rs. 5 lakhs, giving relief to individual taxpayers and boosting consumption and disposable income. 2. Increase in 80C Deduction Limit.

3 天之前 · Budget 2025 Expectations Highlights: Taxpayers are seeking income tax relief from Finance Minister Nirmala Sitharaman in Union Budget 2025 to boost money in hand and improve consumer demand.

2 天之前 · From 2020 till the last budget in July 2024, the finance minister successively added benefits to the new tax regime, such as: Increasing the basic tax exemption limit to Rs 300,000, reduction/relaxation in income tax slabs, increasing standard deduction to Rs 75,000, reducing surcharge rates for incomes exceeding Rs 2 crore, from 37% to 25%, increasing deduction for contribution to the New ...

3 天之前 · Budget 2025 Income Tax Expectations Live: Standard deduction is a flat deduction available on the salary income that helps reduce the taxable income of a taxpayer. With the new income tax regime ...

1 天前 · Income Tax Budget 2025: Budget 2025 is anticipated to provide tax relief for salaried individuals. Proposals include raising the tax-free income limit to ₹10 lakh and simplifying tax slabs to ...