Union Budget 2025: Personal Income Tax Slabs & Changes
The Union Budget 2025 brings substantial tax relief to individuals earning up to ₹12 lakh, making them effectively tax-free. The revised tax slabs, enhanced Section 87A rebate, and marginal relief provisions significantly benefit the middle class while simplifying compliance for taxpayers and businesses.
These amendments aim to eliminate ambiguity and ensure uniformity in calculating the limitation period for tax proceedings. Most of the changes will take effect from April 1, 2025, while some ...
Under the proposed Union Budget 2025, a ₹60,000 rebate applies to incomes up to ₹12 lakh, enhancing the attractiveness of the ...
Shrivastava was responding to Shaadi.com founder Anupam Mittal, who highlighted that with this revision, almost 90% of tax ...
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