Finance Minister Nirmala Sitharaman announces unprecedented tax relief and realistic growth projections in personal income tax collection
Finance Minister Nirmala Sitharaman on Tuesday (March 25, 2025) said the Finance Bill 2025 provides unprecedented tax relief, and the 13.14% projected growth in personal income tax collection is “realistic” and supported by solid data.
Replying to the discussions on Finance Bill 2025 in the Lok Sabha, Ms. Sitharaman also said the customs duty rationalisation announced in the Budget will support manufacturing units, domestic value addition, promote exports, facilitate trade and also provide relief to the common people.
