The Union Budget 2025 has introduced several changes that directly affect taxpayers across India. Here’s a summary of what you need to know:
Taxpayers now enjoy increased exemption limits, which boost take-home pay for salaried individuals.
Popular deductions like Section 80C and 80D remain unchanged, allowing continuity in tax planning strategies.
New deductions are available for investments in renewable energy and eco-friendly projects, encouraging sustainable finance.
Tax rebates and benefits for businesses adopting digital tools, encouraging India’s move towards a digital economy.
Overall, the budget is taxpayer-friendly, providing relief while encouraging responsible investing and digital growth.
Conclusion: This is the right time to revisit your tax strategy. Align your investments with the new opportunities to maximize benefits under Union Budget 2025.
© Ankit Panchal & Associates Policy