Income tax expectations from Budget 2025: Simplify income tax slabs, cut income tax rates, clarify residency laws, allow income tax refunds to overseas bank account

Changes introduced in the Union Budget 2024-25 indicate the Government's commitment to simplify the tax system, enhance compliance and promote financial stability towards the goal of Viksit Bharat.

from Tax-Wealth-Economic Times https://ift.tt/1uwQcdh