Union Budget 2025: Will senior citizens get some relief in income tax in next Budget? Here is govt’s response

Union Budget 2025: Will senior citizens get some relief in income tax in next Budget? Here is govt’s response

Union Budget: In this year’s Budget, Union Finance Minister Nirmala Sitharaman announced relief for taxpayers in the New Tax Regime by raising the Standard Deduction limit from Rs 50,000 to Rs 75,000. The revised tax slabs for the New Tax regime, applicable from April 2025, will allow salaried employees to save up to Rs 17,500 … Read more

Budget will revolve around growth, employment generation & boosting consumption: Keki Mistry

Budget will revolve around growth, employment generation & boosting consumption: Keki Mistry

Keki Mistry, Former VC & CEO, HDFC, says his experience over the years not only in India but in many other countries globally, is that when the tax rate is reduced, compliance is improved significantly and there is a greater urge to work and earn more income. So, a reduction in tax rates, whether it … Read more