Highlights of Direct Tax proposals in FINANCE BILL, 2025

Finance Minister Nirmala Sitharaman presented her record 8th consecutive Union Budget 2025-26 today (on February 1, 2025) of Modi 3.0 Government. Key highlights of direct tax proposals are as under: Total Income Rate of Tax Upto Rs. 4 Lakh Nil More than Rs. 4 Lakh to Rs.8 Lakh 5% More than Rs. 8 Lakh to […]
TDS & TCS Rate Changes from April 1, 2025: What You Need to Know

TDS & TCS Rate Changes from April 1, 2025: What You Need to Know Budget 2025 raises TDS exemption limits, removes TCS on some goods, and lowers tax rates for key transactions The Union Budget 2025 has introduced major changes in TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) provisions to simplify […]