Budget 2025: Top 9 estimates of taxpayers .. Is there any change in tax rates?

Budget 2025: Top 9 estimates of taxpayers .. Is there any change in tax rates?

As the Union Budget reaches 2025, there is a campaign to change the income tax system. Individual income tax, electric vehicles, home loan benefits, savings encouragement and many others have been focused on. The purpose of the proposed reforms made by experts is to provide relief to the taxpayers. Let’s look at the top 10 expectations ..

1. The government should look at the issue of editing tax slab to give relief to middle class taxpayers by reducing individual income tax rates. A clear tax expert Shefali Mundra said that it was necessary to increase to Rs 4 lakh. Most taxpayers expect a limit of Rs 10 lakh. This increases the total income, increases consumption.

2. Experts suggest that despite the lowest of the old tax system, housing ownership should be promoted by providing benefits under the new tax system. Diwan PN Chopra and co -managing partner Dhruv Chopra said, ‘Home buyers can benefit from the limit of high interest reduction on domestic loans under Section 24 (B). Rebate should be exempted on the amount of interest paid at least one house or currently the limit of Rs 2 lakh should be increased. Said.

3. Experts say that the NPS exemption limit should be increased from Rs 50,000 to Rs 1,00,000. Tax 2 Win CEO Abhishek Soni recommended that the withdrawal should be fully taxed.

4. Tax 2 Win CEO Abhishek Soni suggested that taxpayers live in high -urban centers. Cities like Hyderabad, Pune and Bangalore say that 50 % of HRA discount should be expanded.

5.

6. Experts want to postpone TDS at PF interest. It has been suggested that tax exemption on interest at more than Rs.5 lakh interest to improve the cash flow of taxpayers.

7. Niranjan Govindaker of BDO India believes that some changes are required from the budget of 2024 on investment profits. He suggested that international and Indian shares should be considered equally or continuously on various types of gold investments.

8. As tax (15 percent to 20 percent for short term, 10 percent to 12.5 percent for short term, 10 percent to 12.5 percent), is said to end at the time of purchase and sale of stock.

9. Section 80C limit is required to be revised. An idea is that it is important and required to promote investment in financial devices such as tax -FDS and PPF.


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