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Business - Economy - January 8, 2025

Personal tax reforms, raised exemptions and more expected in 2025 budget: EY

Personal tax reforms, raised exemptions and more expected in 2025 budget: EY

Taxpayers and businesses are eagerly awaiting the Union budget 2025, with expectations for reforms including increased capex, higher tax exemptions, streamlined tax compliance, and clarified tax guidelines for digital assets. EY India emphasises fiscal consolidation and investment-driven growth as key focuses for sustained economic development.

Author Of article : TOI Business Desk

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