Budget 2025 income tax: Hike basic exemption limit to Rs 5 lakh and reduce tax rates, says EY

Budget 2025 income tax expectations: Finance Minister Nirmala Sitharaman is urged by EY to raise the basic income tax exemption limit from Rs 3 lakh to Rs 5 lakh and lower tax rates in the upcoming Budget 2025.

Jan 9, 2025 - 13:00
Budget 2025 income tax: Hike basic exemption limit to Rs 5 lakh and reduce tax rates, says EY

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Budget 2025 income tax expectations: Finance Minister Nirmala Sitharaman is urged by EY to raise the basic income tax exemption limit from Rs 3 lakh to Rs 5 lakh and lower tax rates in the upcoming Budget 2025.
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