News & Media 30th Dec 2024
The Union Budget 2025 is scheduled to be presented on February 1, 2025 as expectations are high among salaried individuals for income tax relief. Rising inflation and the increased cost of living have led to hopes that the government will announce measures to ease the financial burden on taxpayers.
A key suggestion was reducing income tax rates, as it could raise disposable income, encourage savings, and stimulate spending on essentials, potentially reviving demand in sectors hit by sluggish consumption.
Against this backdrop, Our Partner, Dipesh Jain shares his insights with Sonu Vivek in an article, “Budget 2025: When was the last major income tax relief given?” published in India Today.
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