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Income tax relief? Govt looks to raise threshold, restructure slabs
Credit: IndiaTimes- Published on January 26, 2025
The government is considering raising the standard deduction and adjusting income tax slabs in the upcoming Budget to alleviate middle-class burden. Concessions for health insurance and pension, and benefits for home loans are being discussed. However, officials prefer maintaining the new tax regime without additional exemptions...
Video credit: Oneindia
Published on January 28, 2025 - 03:02
Budget 2025 Income Tax Expectations: Changes in income tax slabs, exemptions for NPS?
As the Budget 2025 approaches, all eyes are on Finance Minister Nirmala Sitharaman’s potential income tax relief for salaried taxpayers. Will there be changes to tax slabs or new exemptions for NPS? Stay tuned for updates on what could be a major relief for millions of working professionals.
#Budget2025 #IncomeTax #SalariedTaxpayers #TaxRelief #FinanceMinister #NirmalaSitharaman #TaxSlabs #NPSExemption #IncomeTaxChanges #BudgetExpectations #TaxationReform #IndianEconomy
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