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aarya jha
Aarya Jha

Aarya Jha

Aarya Jha is an Associate at INDUSLAW 

A much-needed reform is to increase the exemption limit as a relief for individuals, especially middle-income earners and reduce the existing tax rate across income slabs under the new tax regime.

Will Budget 2025 lay down a new foundation for direct tax framework in India?

by Lokesh Shah, Partner, IndusLaw |Jan 30, 2025

Union Budget 2025: With reforms already initiated to simplify the tax regime for charities, TDS rate structure, provisions for reassessment and search provisions and capital gains taxation, all eyes a...

From an individual taxpayer perspective, tax incentives under the new tax regime are expected.

Can the vote-on-account Budget 2024 be a silver lining for the Indian economy?

by Lokesh Shah |Jan 31, 2024

However, on direct tax front, this vote on account budget can bring on the table some notable and much needed measures to rationalise the income tax provisions.