Proposed Tax Reforms for Salaried Individuals As the Union Budget 2025-26 approaches, expectations are running high among India’s salaried class. Proposed Tax Reforms for Salaried Individuals On February 1st, Finance Minister Nirmala Sitharaman will unveil the government’s financial roadmap for the year. One of the critical areas of focus is tax reforms, particularly those aimed … Read more
Rules for Transactions to Avoid Income Tax Scrutiny A savings account is a crucial financial tool for managing day-to-day transactions and safeguarding your money. However, while there are no specific limits on deposits in a savings account, large transactions can draw the attention of the Income Tax Department. Banks are required by law to monitor … Read more
5 Major Tax Rule Changes to Know Before Budget 2025 5 Major Tax Rule Changes to Know Before Budget 2025 The Union Budget of July 2024 brought significant updates under the new tax regime, introducing revised tax slabs and enhanced deductions to provide relief to taxpayers. With Budget 2025 on the horizon, taxpayers are eagerly … Read more
Income Up to ₹10 Lakh May Become Tax-Free Income Up to ₹10 Lakh May Become Tax-Free The Union Budget 2025-26, set to be presented by Finance Minister Nirmala Sitharaman on February 1, 2025, is generating immense anticipation among taxpayers. As whispers of significant income tax reforms circulate, hopes are high for measures that could alleviate … Read more
Union Budget 2025 The Union Budget 2025 is set to be a significant event for India’s economic landscape, marking the second full budget of the Modi government’s third term (Modi 3.0). Presented by Finance Minister Nirmala Sitharaman, this budget comes with historical significance as it will be her eighth consecutive Union Budget presentation, making her … Read more
