Business and Finance Business and Finance
Mon, January 20, 2025
Sun, January 19, 2025

Union Budget 2025: Equity, Opportunity, & Independence In Focus As Women Taxpayers Look Forward To February 1


Published on 2025-01-20 03:40:49 - MSN
  Print publication without navigation

  • As the countdown to the Union Budget begins, many industries and sectors are looking at the 2-time, incumbent finance minister Nirmala Sitharaman to make their sector more efficient. The Union Budget will come to pass on February 1.

The article discusses the expectations and focus areas for women taxpayers in the upcoming Union Budget 2025, set to be presented in February. Key points include the anticipation of policies that promote equity, opportunity, and independence for women. There is a strong emphasis on enhancing financial inclusion through measures like increasing the tax deduction limit under Section 80C, which could benefit women by allowing more savings for long-term goals like education and retirement. Additionally, there are expectations for adjustments in tax slabs to provide relief, especially for middle-income groups, and for the expansion of benefits under schemes like the Sukanya Samriddhi Yojana. The article also highlights the need for more women-centric financial products and support for women entrepreneurs, aiming to foster economic empowerment and address gender disparities in financial planning and independence.

Read the Full MSN Article at:
[ https://www.msn.com/en-in/money/economy/union-budget-2025-equity-opportunity-independence-in-focus-as-women-taxpayers-look-forward-to-february-1/ar-AA1xv8Y4 ]
Contributing Sources