Primus Reports
Will Budget 2025 simplify tax filing for the common man?
16-Jan-2025
Shravan Shetty, Managing Director, Primus Partners, shares his view on simplifying tax filing for the common man in Budget 2025. He emphasizes that any revisions to tax slabs should be accompanied by changes to reduce complexities, such as revising the asset and liability statement requirement set at Rs 50 lakh. Further, he recommends enhancing the ITR system and providing better APIs for e-return intermediaries to make the process of filing returns more straightforward and accessible for the average taxpayer.
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