This year’s Budget will be watched with interest, because policy continuity, tax reforms and market-friendly signalling from the finance minister have already laid a very strong foundation for the next phase of growth.

Speaking as an independent financial advisor, the expectation is not for a course correction, but for a confident acceleration of a journey that is clearly on the right track.

advertisement

Over the last few years, the government has moved decisively towards a more citizen-friendly direct tax regime, most recently visible in the new tax slabs under the reworked regime for FY 2025–26, where income up to Rs 4 lakh is now tax-free and the higher rate of 30% applies only beyond Rs 24 lakh.

πŸ“°

Continue Reading on India Today

This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.

Read Full Article β†’