5 Key Tax Reforms for the Middle Class Announced in Budget 5 Key Tax Reforms for the Middle Class Announced in Budget The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman on February 1, 2025, introduced several landmark reforms aimed at easing the tax burden for the middle class. 5 Key Tax Reforms for … Read more
Major Income Tax Changes for FY 2025-26 Major Income Tax Changes for FY 2025-26 The Union Budget 2025 has introduced significant changes to the income tax structure, bringing relief to middle-income earners while making substantial revisions to the rebate system under Section 87A. This budget aims to simplify tax compliance and enhance revenue collection by … Read more
TDS Exemption Limit for Rent Increased to ₹6 Lakh TDS Exemption Limit for Rent Increased to ₹6 Lakh In a landmark announcement during the 2025-26 Budget, Finance Minister Nirmala Sitharaman revealed that the annual Tax Deducted at Source (TDS) exemption limit for rental income will be increased significantly—from ₹2.4 lakh to ₹6 lakh. This change, … Read more
Key Announcements and Detailed Analysis Key Announcements and Detailed Analysis The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, marks a significant step toward economic growth, social welfare, and fiscal consolidation. With a focus on tax relief, agricultural reforms, manufacturing incentives, and digital infrastructure, this budget aims to balance economic expansion and social equity. … Read more
Experts Call for a Permanent Tax Settlement Mechanism to Resolve Backlog of Legal Tax Disputes Resolve Backlog of Legal Tax Disputes Tax disputes in India have been a persistent issue for years, with numerous taxpayers finding themselves caught in a prolonged battle in the Income Tax Appellate Tribunal (ITAT), High Courts (HC), or even the … Read more
