Unlock 2025 Budget: Top Tax Changes Impacting Your Personal Finances
2025-02-11

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The 2025 budget brings significant personal finance tax changes, including a raised TCS threshold for remittances, enhanced tax exemptions for withdrawals, and modified ULIP tax rules. Additionally, there are extended timelines for income tax returns and revised TDS limits, offering benefits to senior citizens and renters, while also impacting overall financial planning and tax savings strategies. These updates aim to simplify tax compliance and provide relief to various taxpayer groups, making it essential to understand the implications on your personal finances and tax obligations.