Nirmala Sitharaman Unveils Finance Bill 2025: Key Takeaways on Income Tax and Equalisation Levy
2025-03-25
Moneycontrol
Finance Minister Nirmala Sitharaman presented the Finance Bill 2025 in Lok Sabha, outlining significant changes to the income tax structure and scrapping of the equalisation levy. The bill is expected to have a major impact on the economy. Meanwhile, the Upper House is set to discuss The Disaster Management (Amendment) Bill, 2024, which aims to enhance disaster preparedness and response. With the government focusing on economic growth and disaster management, these bills are expected to garner significant attention. Key aspects of the finance bill, including tax reforms and economic stimulus, will be closely watched. The equalisation levy scrapping is also a notable move.
