How OBBBA is Shaping Income Tax Refunds 2025

The One Big Beautiful Bill Act (OBBBA) is causing big waves in the world of taxes in India. As we approach the 2025 tax season, the focus is on how these changes will affect income tax refunds. The OBBBA introduces new benefits, including deductions for overtime pay and specific tax breaks. Understanding these updates is key for taxpayers looking to maximize their refunds this year.