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 ...