budget 2025 income tax expectations

Budget 2025 income tax new versus old regime: Top 7 expectations of taxpayers from FM Sitharaman – The Times of India

David Bale1 week ago08 mins

Taxpayers who continue to favor the traditional structure are still hopeful for adjustments which are at least reflective of the rising inflation and costs of living in India. By Ravi JainBudget 2025 income tax expectations: The announcement of new income tax regime in India’s Union Budget 2020 was a progressive step by the Hon’ble Finance…

Budget 2025 income tax: Raise 30% income tax slab; provide flat 30% deductions on gross income – here’s why – The Times of India

David Bale2 weeks ago04 mins

Budget 2025: Shetty advocates for a 30% flat deduction on gross income with a ₹15 lakh ceiling on deductions. Budget 2025 income tax expectations: Finance Minister Nirmala Sitharaman should look to increase the income tax threshold for the 30% tax bracket in her Union Budget 2025, says Adhil Shetty, CEO of BankBazaar.According to BankBazaar, three…

Budget 2025: Important to rationalize surcharge on salaried individuals – Times of India

David Bale3 weeks ago03 mins

Budget 2025 income tax: From a surcharge levy perspective, the threshold begins from Rs 50 lakh Budget 2025 income tax expectations: Finance Minister Nirmala Sitharaman will present the Union Budget 2025 on February 1, 2025. In its pre-Budget 2025 memorandum, Assocham has called for rationalization of surcharge on salaried individuals.As per the existing provisions the…