tax reliefs

New Income Tax Bill 2025: Less complex, increased compliance to unified tax rates – how taxpayers will be impacted

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New Income Tax Bill 2025: Less complex, increased compliance to unified tax rates – how taxpayers will be impacted

New Income Tax bill 2025: Finance Minister Nirmala Sitharaman on Saturday announced that the New Income Tax bill will be presented in the Parliament next week, after which it will be reviewed by a parliamentary committee.  She added that the Reserve Bank of India (RBI) and the government will collaborate closely on various economic matters, … Read more

Budget 2025: How can FM Nirmala Sitharaman soothe middle-class taxpayers this time?

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Budget 2025: How can FM Nirmala Sitharaman soothe middle-class taxpayers this time?

Budget expectations: On February 1, 2025, Union Budget will be presented by Finance Minister Nirmala Sitharaman at the Lok Sabha. Income taxpayers are expecting significant tax breaks. The taxpayers may expect some big changes as PM Narendra Modi and President Draupadi Murmu hinted at some major shakeup.  Ahead of the Budget 2025, President Draupadi Murmu suggested … Read more