New Classification Criteria for MSMEs · Investment limit for MSME classification to be made 2.5 times · Turnover limits for MSME classification to be doubled #ViksitBharatBudget2025 #Budget2025 #UnionBudget2025

Making it Easier for MSMEs to get Loans Credit guarantee cover for MSMEs to be significantly enhanced Customized Credit Cards for Micro Enterprises to be introduced #ViksitBharatBudget2025 #Budget2025 #UnionBudget2025

New Fund of Funds for Startups to be set up to power Entrepreneurship with · Fresh contribution of another Rs. 10,000 crore, in addition to existing government contribution of Rs. 10,000 crore New Scheme for 5 lakh Women, Scheduled Castes and Scheduled Tribes first-time

New Income-tax Bill to be Introduced 🔶 New bill will be clear and direct in text with close to half of the present law 🔶 Will be simple to understand, leading to tax certainty and reduced litigation #ViksitBharatBudget2025 #Budget2025 #UnionBudget2025

#Budget2025 TDS and TCS Exemption limits to be increased

Rationalising TDS / TCS 👉 Limit for tax deduction on interest for senior citizens to be doubled from ₹50,000 to ₹1 lakh 👉 Annual limit for TDS on rent to be increased from ₹2.40 lakh to ₹6 lakh 👉Threshold to collect tax at source on remittances under RBI’s Liberalized

Compliance burden for small charitable trusts & institutions to be reduced, by increasing their registration period from 5 years to 10 years Taxpayers to be allowed to claim annual value of two self-occupied properties as nil without any condition. #ViksitBharatBudget2025

Zero Income Tax till ₹12 Lakh Income under New Tax Regime 👉 Slabs and rates being changed across the board to benefit all tax-payers 👉 New structure to substantially reduce taxes of middle class and leave more money in their hands, boosting household consumption, savings and

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GST update #GST #GSTUpdate #GSTR3B #GSTR1

#incometaxduedate extended #incometaxportal #incometax #itrdeadline