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Zero income tax up to an income of Rs 12 Lakh
New income tax slabs for FY 2025-26 in Budget 2025: 30% tax now starts at Rs 24 lakh, 25% tax rate introduced for incomes between Rs 20-Rs 24 lakh
The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income above Rs 15 lakh. However, the new tax regime offers limited deductions to taxpayers.
Budget 2025 Income Tax Slab: Tax Slab under New Regime for AY 2025-26; Check All Details Here!
Learn about the new and old tax regimes, including tax rates and surcharges applicable to various income levels.
New vs old income tax regime after Budget 2025: Post income tax slab changes, which tax regime is better for salaried middle class taxpayers?
Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant income tax relief for the midd
Hosted on MSN
4h
Budget 2025 Income Tax: ‘90%...’ - CBDT Chairman Ravi Agrawal’s BIG prediction for new tax regime
The CBDT Chairman also cited the new tax regime (NTR), where there are no deductions or exemptions allowed like the old ...
Tax Guru
3h
Budget 2025: Clarification on Court Stay Period in Income Tax Proceedings
These amendments aim to eliminate ambiguity and ensure uniformity in calculating the limitation period for tax proceedings. Most of the changes will take effect from April 1, 2025, while some ...
2h
Budget 2025: Hopes of passenger vehicle makers ride on income tax cuts
According to experts, even if an additional 5% of people opt to buy new vehicles, it may bring a huge boost to sector. This ...
1d
on MSN
Tax-Union Budget 2025: Budget 2025 Live: New Income tax bill to be introduced next week, says FM Sitharaman
FM Sitharaman's speech last Budget hinted at this new tax law when she said the goal was to simplify the income tax laws and ...
9h
Income tax on crypto currency: How did budget 2025 impact the taxation on virtual digital assets?
Income tax on cryptocurrency transaction. After Budget 2025 there is no change in taxation of cryptocurrencies as they ...
1d
Budget 2025 LIVE updates: Nirmala Sitharaman will introduce Income Tax bill next week, no income tax up to ₹12 lakh
Budget 2025 LIVE updates: Union Finance Minister Nirmala Sitharam's budget speech begins, and she will be introducing the ...
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