Income Tax & Budget Session – 2025
The Income Tax & Budget Session was organized by the Ishan Institute of Management and Technology on 28th February 2025 at the Conference Hall, Ishan Campus, starting from 11:00 am onwards. The session was designed to provide students with a comprehensive understanding of the Union Budget 2025 and the Indian taxation system. It aimed to bridge the gap between theoretical learning and practical financial awareness by explaining how budgetary policies and tax regulations impact individuals, businesses and the overall economy. The session witnessed participation from around 75 students and was highly interactive, with real-life examples and discussions making complex financial concepts easy to understand.
Inaugural: Union Budget & Income Tax Overview
- The speakers provided an in-depth explanation of the key highlights of the Union Budget 2025 along with its fiscal policies and sector-wise allocations.
- Students were introduced to how the budget reflects government priorities and its overall economic impact.
- A detailed discussion was conducted on the Indian income tax system, including tax slabs, exemptions, deductions and tax planning strategies.
- The session also covered filing procedures, compliance requirements and practical aspects of managing personal and professional taxation.
- This segment helped students understand both the structure of the Union Budget and the fundamentals of taxation in a connected and practical manner.
Practical Insights and Real-Life Applications
Interactive Learning and Discussions
- CA Sumit Garg shared practical examples from real-world financial scenarios.
- Case studies were used to explain the impact of taxation and budget decisions.
- Students understood how government policies influence savings, investments and business decisions.
- Emphasis was placed on ethical financial practices and regulatory compliance.
Key Outcomes
The session proved to be highly informative and beneficial, helping students gain a clear understanding of income tax concepts and the Union Budget 2025. It enhanced their financial literacy, analytical thinking and awareness of economic policies. Overall, the program provided practical knowledge that will support students in academic learning as well as future careers in finance, accounting and taxation.
