Union Budget 2025: Key Announcements on Income Tax Union Budget 2025: Key Announcements on Income Tax The Union Budget 2025 has introduced several changes in the income tax regime, aimed at providing relief to taxpayers, enhancing compliance, and streamlining the taxation process. Here are the major announcements related to direct taxes DSIJ Intelligence / Saturday, February 1, 2025 / Article rating: 5.0 The Union Budget 2025 has introduced several changes in the income tax regime, aimed at providing relief to taxpayers, enhancing compliance, and streamlining the taxation process.