More tax relief coming? After income tax slab changes in Budget 2025, Modi government eyes GST revamp
Tuesday, 4 February 2025 () The Narendra Modi government plans to streamline the GST framework after making significant changes to personal income tax and customs tariffs. The initiative aims to restructure the GST slabs for better outcomes and resolve complexities that create compliance challenges, possibly through a simplified three-rate structure.
Finance Minister Nirmala Sitharaman concluded the Union Budget 2025 speech with a major announcement on income tax relief, offering significant benefits to middle-class taxpayers. The budget places a strong emphasis on empowering youth through job creation, skill development, and entrepreneurship...
Finance Minister Nirmala Sitharaman presented the Union Budget 2025, packed with key highlights aimed at fostering economic growth and social welfare. The budget focuses on providing significant relief..
In a major relief for taxpayers, Finance Minister Nirmala Sitharaman announced that individuals earning up to ₹12 lakh annually will now be exempt from paying income tax. This unprecedented move aims..
Tuesday, 4 February 2025 ()
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