Budget 2025-26: Towards Tax Reforms
- The Union Budget 2025-26 introduces major tax reforms to simplify compliance and boost economic growth.
- Personal income tax slabs restructured, reducing tax liability for individuals earning up to Rs. 12 lakh per annum.
- The deadline for filing updated income tax returns extended from 24 months to 48 months, easing compliance.
- Tax benefits for startups extended until April 1, 2030, fostering innovation and entrepreneurship.
- A new tonnage tax scheme introduced to support Indian shipping companies and enhance maritime capacity.
- Presumptive taxation for service providers in electronic manufacturing provides greater tax clarity for NRIs.
- TDS and TCS provisions rationalized to streamline processes for businesses and individuals.
- Small charitable trusts ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Govt. Magazines Exam Pointers
- 1 Iron Dome System: Revolutionary Technology for National Security
- 2 'Press in India'- A Snapshot of Print Media’s Growth and Diversity
- 3 Advancing Investment and Innovation in Media-Tech
- 4 India's Global Cultural Leadership in AVGC
- 5 Investment opportunities in Media and Entertainment Sector
- 6 Indian Animation on the Global Stage
- 7 Indian Movies - International Box Office
- 8 Utility of Film and Animation Skills
- 9 WAVES 2025: India Leading the Global Creative Revolution
- 10 New Dimensions of Creativity and Entertainment