Welcome to the EY India Insights podcast, in collaboration with Red FM! In this episode, our host, Dhruv Lau, is joined by Shalini Jain and Divya Bhushan, Tax Partners at EY India, to break down the most pressing expectations and insights for Union Budget 2025.

Episode highlights

Salaried employees and tax regime

Will budget 2025 bring salaried taxpayer relief? Tax professionals analyze proposed raises in exemption limits and Old and New Tax Regimes, comparing and contrasting them for taxpayer benefit.

Startups and MSMEs

Where startups and small and medium companies make up a backbone economy, we review startup employees' tax relief, ESOP taxing, and GST simplifications that can ease compliance and financial burden.

Real estate and housing

As rents rise in Tier 2 cities, will HRA exemptions be revised? Our tax professionals also discuss expectations for higher home loan interest deductions to make housing more affordable.

EVs, sin tax and sector policies

Will Budget 2025 boost EV incentives and expand charging infrastructure? Plus, we investigate heightened sin taxes for cigarettes and alcohol and their impact on both revenue and welfare in general.

What’s next?

As we gear up for February 1, our tax professionals predict what’s in store and share their wish lists for Budget 2025. Will the government meet these expectations? Stay tuned—we’ll be back post-budget with a detailed breakdown!

Listen now and stay ahead of the curve!

Explore more:

• EY India Homepage

• Budget Insights Podcast Series

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