India Budget 2025: Tax Reliefs and Expectations for Individual Taxpayers
2025-01-27
The Financial Express
As the Indian government prepares to unveil the Budget 2025, individual taxpayers are eagerly awaiting potential tax reliefs. Currently, gifts or unconsidered sums exceeding INR 50,000 are taxable, sparking hopes for a revision in this threshold. With taxes and financial planning being key concerns, taxpayers are keenly watching for announcements on income tax slabs, deductions, and exemptions. The upcoming budget may address these concerns, providing relief to individuals and boosting economic growth. Key areas of focus include personal finance, tax savings, and investment incentives.
