With a rise in the income tax exemption limit—from Rs 7 lakh to Rs 12 lakh per annum—the government aims to free up significant disposable income for the salaried class, thereby stimulating ...
Summary: The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, focused on reforms in taxation, agriculture, MSMEs, and exports. Direct tax proposals included no tax on incomes up to ...
Tax experts, industry observers, and banking leaders have lauded the Union Budget 2025-26 for its focus on economic growth, tax relief, and innovation across sectors. Announced by Finance Minister ...