JB Mohapatra calls for inflation-adjusted tax reforms in India’s budget

JB Mohapatra calls for inflation-adjusted tax reforms in India’s budget

[Deccan Chronicle] - 01/22/2025

The Union Budget presents an opportunity to recalibrate India's direct tax system to align with the current economic needs of middle-income taxpayers, factoring in inflation. The income tax threshold for individuals has remained unchanged at Rs 2.5 lakh since 2014. Adjusted for an annual (…)



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