Budget 2025: Australians Demand Tax Relief as Survey Reveals Call for Lower Income Tax Rates
2025-01-27
Zee Business
As the Budget 2025 approaches, a significant majority of 57% of respondents are calling for lower income tax rates, while 25% are advocating for higher exemption limits, according to a recent survey by Grant Thornton Bharat. With tax reform and financial planning being key concerns, Australians are eagerly awaiting the Finance Minister's announcements, hoping for some much-needed tax relief. The survey highlights the pressing need for income tax reform, with many seeking a more favourable tax system. Key issues such as tax brackets and tax deductions are expected to be addressed in the upcoming budget. Australians are keeping a close eye on the developments, hoping for a more taxpayer-friendly budget.
