Tax Changes Coming In 2025
Tax Changes Coming In 2025. What’s different from 1st january, 2025? “i now propose to extend the time limit for filing updated returns for any assessment year from the current 2 years to 4 years,” says finance minister nirmala.
The budget 2025 brings significant reforms to the personal income tax structure, aiming to provide relief to taxpayers while enhancing compliance. With the rising cost of living and inflationary pressures, taxpayers, especially the salaried class, are expecting increased tax benefits, including.