As Budget Day approaches, the debate over how the middle class, particularly the salaried class, bears the country’s tax burden has gained momentum. With only a small number of individual taxpayers shouldering most of the weight, calls for much-needed relief have grown louder. The number of tax returns filed by …
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Personal tax reforms, raised exemptions and more expected in 2025 budget: EY – Times of India
NEW DELHI: Taxpayers and businesses are eagerly waiting for new reforms in the upcoming Union budget that will propel India’s economic trajectory. All eyes are on the key announcements and the government’s forward-looking economic guidance for PM Modi’s third tenure.EY India recently suggested that the budget 2025 should focus on …
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