Budget should reduce tax rates, raise personal income tax exemption limit to Rs 5 lakh from Rs 3 lakh: EY India
The cap on the set-off of house property losses against other heads should be removed. In Tier-2 cities like Hyderabad, Pune, Bengaluru, and Ahmedabad the house rent allowance (HRA) exemption should ...
Budget should reduce tax rates, raise personal income tax exemption limit to ₹5 lakh from ₹3 lakh: EY India
The upcoming union budget 2025-26 should focus on giving personal tax relief to common taxpayers by raising the basic exemption limit in the new tax regime from ₹3 lakhs to Rs5 lakhs and reducing tax ...