VIDARBHA Industries Association (VIA) Taxation & Corporate Law Forum recently conducted a session on ‘Post Budget Analysis 2025 at VIA Auditorium, Udyog Bhawan, Civil Lines, Nagpur to dissect and analyse the tax proposals and their possible impact on various stakeholders. Expert speaker CA Naresh Jakhotia has deliberated about the impact of proposed amendment in the Finance Bill - 2025. The benefit of higher rebate up to Rs 60,000 which makes entire income up to Rs 12 lakh will result in significant tax benefit to the middle-class taxpayers, he explained. Similarly, the benefit of lower tax rate and higher tax slab would benefit even the high net individual (HNI) also. With example, he demonstrated that the HNI could have tax benefit of minimum of Rs 1.10 lakh as a result of higher tax slab.

 

“It is one of the biggest benefits conferring budget without any adverse contents in the fine prints,” Jakhotia said. CA Mahendra Jain, Past Chairman of Sales Tax Bar Association, Nagpur, CA Ashok Chandak, Chairman, VIA Taxation & Corporate Law Forum, CA Sachin Jajodia, Convener were also present.