ENRICHWISE - Finance/TAX - Channel
ENRICHWISE - Finance/TAX - Channel
February 1, 2025 at 12:41 PM
💰 The Budget Chessboard: A Strategic Shift in Taxation! ♟️📊 The Union Budget 2025 has made its move—pushing the new tax regime further into the spotlight! 🚀💼 Here’s what’s changing: ✅ Higher tax exemption (₹12L basic limit) but capital gains excluded ❌📉 ✅ Simplified tax slabs—biggest relief for salaried individuals 💼💸 ✅ Senior citizens win: Interest income deduction doubled to ₹1L 👵🏽📈 ✅ Rental income relief: TDS limit raised from ₹2.4L to ₹6L 🏡🔑 ✅ Remittances abroad: TCS-free limit now ₹10L for LRS 🌍💳 ✅ More time for tax corrections: File updated returns in 4 years instead of 2! ⏳📝 But let’s be real—the shift is clear: fewer deductions, lower rates, more transparency. If you love simplicity, this works. If you rely on capital gains or deductions, not so much. 📉💭 💬 What’s your take? Call us at 98218 60804, 96533 87088, or 83694 18292, or visit us at 5th Floor, Bellona, The Walk, Hiranandani Estate, Thane (W) 400 607 for a complimentary portfolio and policy review. Disclaimer: Enrichwise is an AMFI registered MFD. This content is for informational purposes only and does not constitute financial or investment advice.

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