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India Revamps Tax Regime In 2025, New Act Comes Into Effect From April 1

India Revamps Tax Regime In 2025, New Act Comes Into Effect From April 1

India overhauled its tax regime in 2025 with sharp cuts in Goods and Services Tax (GST) rates and a higher income tax exemption limit, with the spotlight now turning to customs duty rationalisation and procedural simplification in the coming Budget.

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