This budget has brought significant simplification in the tax treatment of house properties, particularly for self-occupied properties. Earlier, if you owned more than one house, certain restrictions were applied regarding how they were taxed, which often resulted in unnecessary tax liability.
The Government Budget was fiscally prudent and has not deviated from fiscal consolidation and its target. This budget has been cheered by tax-paying individuals, but the markets have given it a neutral view.
This budget brings significant changes aimed at reducing the compliance burden and providing tax relief to individual taxpayers
he budget introduces significant reforms, including the removal of income tax liability (under the new regime) for individuals earning up to INR 1.2 million annually, excluding special income.
Amendments proposed in Income Tax Act 1961
Changes under Customs, Excise & Service Tax
Discover key changes proposed in the Finance Bill 2025 regarding TDS & TCS rates and thresholds. Stay updated on how these amendments may impact taxpayers and businesses
The Finance Bill, 2025 has proposed changes in the CGST Act,2017 through Clauses 116 to 129 of the Finance Bill, 2025 in the CGST Act, 2017.
Changes under the Income Tax Law
Bringing clarity in income on redemption of Unit Linked Insurance Policy
PF & ESI Course - Labour Code 2019 Along with Examples and Case Studies