💨 Abstract
Ernst & Young India (EY India) suggests that the upcoming Union Budget 2025-26 should focus on personal tax relief for common taxpayers, including raising the basic exemption limit in the new tax regime from Rs 3 lakhs to Rs5 lakhs, reducing tax rates, and deferring TDS on PF interest above 2.5 lakhs until withdrawal.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
Suggested
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