Numbers are suitably poised for granting small taxpayers' wishes
Friday, 31 January 2025 () Personal income tax (PIT) has become a significant source of tax revenue in India, contributing 31% to the centre's gross tax collections in FY24. In contrast, corporate income tax (CIT) contributions have declined. The government's focus on widening the tax net and other measures have driven this increase in PIT collections, while keeping corporate taxes competitive.
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...
Ahead of Budget 2025, OneIndia hit the streets of Delhi and NCR to capture the voices of the common man. From salaried professionals to small business owners and students, everyone shares their hopes,..
Friday, 31 January 2025 ()
![Budget 2025: Delhi-NCR Speaks On Hopes and Expectations for Budget 2025| Oneindia [Video]](https://video.newsserve.net/300/v/20250125/1399844764-Budget-2025-Delhi-NCR-Speaks-On-Hopes-and.jpg)
