Athena Legal Key Budget Highlights 2025

The Union Budget 2025 has introduced several significant policy and regulatory changes that may impact businesses across various sectors. We highlight key elements of the budget which has implications on the businesses and the economy.

DIRECT TAXES

• INCOME TAX
• • New Income Tax bill to be introduced by the Government. The new Income-Tax Bill to be clear and direct in text so as to make it simple to understand for taxpayers and tax administration, leading to tax certainty and reduced litigation.
  • There will be no income tax payable up to the income of ₹ 12 lakhs (i.e., average income of ₹ 1 lakh per month other than special rate income such as capital gains) under the new regime. This limit will be ₹ 12.75 lakhs for salaried taxpayers, due to a standard deduction of ₹ 75,000.