Tax Rules Are Changing! Top 5 Updates You Can’t Ignore in 2025

Tax rules are changing in 2025, with updates including revised income tax slabs, new provisions for virtual digital assets, and a simplified tax system. These changes aim to make the tax process more transparent and beneficial for taxpayers. Understanding these updates will help individuals and businesses optimize their tax strategies and ensure compliance with the new regulations. Key highlights include increased exemption limits, expanded tax authority powers, and tax relief measures to boost economic growth.