Income Tax Slab 2025

Income Tax Slab 2025. 2025 Tax Slab Stephen Rong India Business News: Budget 2025 saw major income tax changes with FM Nirmala Sitharaman announcing new income tax slabs and income tax rates for FY 2025-26 The new income tax regime will feature the revamped tax slabs from April 1, 2025 onwards, with individuals not requiring to pay any tax if their income does not exceed ₹ 12 lakh.

now Tax slab 202526bedget 202526 YouTube
now Tax slab 202526bedget 202526 YouTube from www.youtube.com

Read this story to understand the income tax slabs proposed for the upcoming financial year 2025-26 and the current financial year 2024-25. The income tax slabs under the new tax regime have completely changed.

now Tax slab 202526bedget 202526 YouTube

Currently, the highest tax rate of 30% is applicable from net taxable income above Rs 15 lakh The new income tax regime will feature the revamped tax slabs from April 1, 2025 onwards, with individuals not requiring to pay any tax if their income does not exceed ₹ 12 lakh. The income tax slabs under the new tax regime have completely changed.

Budget 2025 Tax Slab Rate Kai P Andrews. However, there is no change in surcharge and cess. The income tax slabs are revised periodically, typically during each budget

New Tax Calculation 2025 26 Budget 2025 Tax Slabs English Eroppa. Key highlights include tax-free income up to ₹4,00,000, and progressive tax rates ranging from 5% to 30% for higher income brackets The revised slabs and rates will be applicable from FY 2025-26, starting from April 1, 2025