
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?
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Disclaimer: Enrichwise is an AMFI registered MFD. This content is for informational purposes only and does not constitute financial or investment advice.