What do taxpayers want from Budget 2025? Lower taxes, higher exemptions

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The story "What do taxpayers want from Budget 2025? Lower taxes, higher exemptions" was covered 5 hours ago by Business Standard, a news publisher based in India.

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What do taxpayers want from Budget 2025? Lower taxes, higher exemptions - Business Standard

Quick Summary:

A majority of respondents prioritize lower tax rates and higher exemptions, reflecting their need for financial relief and increased disposable income.

As the Union Budget approaches, individual taxpayers across India have made it clear that they are looking for relief in the form of tax reductions and simplified processes.1.

Nearly 46% of respondents believe that the new tax regime would be more appealing if tax rates were lowered, while 26% call for increased exemption limits.