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What is Budget Analysis 1738570022 about?

The Finance Bill 2025 introduces significant tax reforms, including no tax for annual incomes up to INR 12 lakh and a total direct tax benefit of INR 1 lakh crore aimed at stimulating the economy. It also includes incentives for domestic manufacturing, a focus on AI initiatives, and a substantial allocation for startups and deep tech. Additionally, the Bill proposes various amendments to the Income Tax Act, including changes to TDS/TCS thresholds and rates, while emphasizing the need for further improvement

Author

nilshah1990

Language

EN