Global financial services company Nomura on Thursday said the Centre will focus on both fiscal consolidation and growth-supportive measures in the upcoming Union Budget for 2025-2026

Union Budget 2025 may introduce changes in income tax slabs: Nomura report

The Union Budget for 2024-25 has proposed provisions to simplify the provisions for reopening and reassessment.

Assessments to be reopened beyond 3 years only if escaped income is more than Rs 50 lakh

The reforms for businesses, the minister also announced that the no fresh insolvency case will be admitted for the next one year in view of the coronavirus pandemic.

News

Union Budget 2025 may introduce changes in income tax slabs: Nomura report

Assessments to be reopened beyond 3 years only if escaped income is more than Rs 50 lakh

Centre decriminalises minor violations under Companies Act