India's tax reform cuts GST and raises income relief
after close1 source ↓written by the desknot a recommendation
- and raises
- 375 goods
- Effective
- 1 April 2025
India's 2025 tax overhaul reduces GST rates on nearly 375 goods and raises the income tax exemption threshold to boost consumption. Effective from 1 April 2025, the new Income Tax Act will replace the 1961 version. Upcoming Budget discussions will focus on customs duty rationalisation and procedural simplification.
Not investment advice. For informational purposes only.