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Will FM Sitharaman Introduce The Direct Tax Code In This Union Budget 2025-26?

Will FM Sitharaman Introduce The Direct Tax Code In This Union Budget 2025-26?

Sakshi Batra
Sakshi Batra
  • New Delhi ,
  • Jan 29, 2025,
  • Updated Jan 29, 2025, 4:42 PM IST

Union Budget 2025: A New Era for Taxation & Personal Finance in India 

As India eagerly awaits the announcement of Budget 2025 on February 1st, all eyes are on the key reforms that will be introduced to simplify taxation, boost personal finance, and empower taxpayers. Join us for an in-depth LIVE discussion on the key taxation issues affecting individuals, non-residents, and businesses, and what we can expect from this year’s Budget. Sandeep Jhunjhunwala, Partner at Nangia Andersen LLP, will participate in this insightful session alongside Gauri Chadha, Tax Expert, who will speak exclusively to Business Today TV on the challenges with taxation and personal finance in India and the reforms expected in Budget 2025.

During this session, we will cover a wide range of topics, including the simplification of TDS compliance on NRI real estate transactions, streamlining the tax filing and payment process for non-residents, and facilitating tax refunds directly to overseas accounts. We will also discuss the possibility of extending deadlines for filing revised returns to improve the accuracy of claims, along with resolving long-standing tax disputes. Furthermore, we will explore income tax reforms, such as raising tax slabs and increasing deductions on savings and health insurance, as well as the broader efforts to simplify tax compliance and encourage timely filing.

This LIVE SHOW will provide an in-depth analysis of how Budget 2025 could transform the personal taxation landscape, simplify filing processes, and provide much-needed relief to taxpayers, all while fostering economic growth and financial empowerment. Don't miss out on this crucial discussion that will help you understand what to expect from Budget 2025 and how it may impact your finances. Be sure to tune in on February 1st for this LIVE session!

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