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2025 Budget: Key Tax Amendments by cmaadarshkalamachal is a document available to read on EtoBox.
What is 2025 Budget: Key Tax Amendments about?
The Union Budget 2025 introduces revised income tax slabs and a rebate increase for individuals and HUFs, effective FY 25-26, aimed at providing taxpayer relief. Key changes include raising the tax-free income limit to ₹4,00,000, introducing a new 25% tax slab for incomes between ₹20 lakh and ₹24 lakh, and extending tax benefits for start-ups until March 31, 2030. Additional amendments include allowing exemptions for two self-occupied properties and implementing a Block Assessment Mechanism for determining
- Author
- cmaadarshkalamachal
- Language
- EN