B.D. Jokhakar & Co. analyses India’s Union Budget 2025-26, presented by FM Nirmala Sitharaman. Key highlights include revised personal income tax slabs with zero tax up to Rs. 12 lakh, enhanced Section 87A rebate, increased TDS/TCS thresholds across multiple sections, GST amendments on ITC and credit notes, extension of updated return filing to 48 months, and relief measures for charitable trusts and non-residents.
