Top 6 Budget 2025 Expectations: For Individual Taxpayers
30 Jan 2025Professional Services
Government of India is already in the process of simplifying the income tax laws by introducing a new tax regime, TDS rate rationalization, a user-friendly process for filing income tax returns, etc.
Still, there are more expectations from the upcoming budget, and the focus should be on individual taxpayers. We expect that the forthcoming budget shall implement the mentioned tax reliefs, which will help middle-class taxpayers increase their savings by providing a few additional tax exemptions, and they become more tax compliant.