Budget 2025: Important to rationalize surcharge on salaried individuals – Times of India

Budget 2025 income tax: From a surcharge levy perspective, the threshold begins from Rs 50 lakh Budget 2025 income tax expectations: Finance Minister Nirmala Sitharaman will present the Union Budget 2025 on February 1, 2025. In its pre-Budget 2025 memorandum, Assocham has called for rationalization of surcharge on salaried individuals.As per the existing provisions the…

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Budget 2025: Reduce income tax rates, exceptionally high compared to other countries, says Assocham – Times of India

Budget 2025 income tax: The highest marginal rate for individuals is 42.744%. (AI image) Budget 2025 income tax expectations: Finance Minister Nirmala Sitharaman should look to reduce the personal income tax rates in the Union Budget 2025, says Assocham in its pre-Budget 2025 memorandum.“While corporate tax rates have become globally competitive, in order to ensure…

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