Budget 2025 updates tax slabs under section 115BAC, offering zero tax up to ₹12 lakh income with rebate and marginal relief. Old regime remains unchanged.
Budget 2025 extends tax exemptions for IFSC units till 2030, eases norms for fund managers, and offers new reliefs for insurance, ship leasing, and fund relocation.
In this article, the author has tried to summarize the key benefits, procedure, and challenges of the MOOWR Scheme in a simple and practical manner for businesses.