Union Finance Minister Nirmala Sitharaman is set to present the budget on February 1, 2025, and sources indicate that the government is considering introducing a new 25% tax slab for individuals ...

From Rs 20,00,001 to Rs 24 lakh, tax slab will be 25%. For those who are earning above Rs 24 lakh, tax slab will be 30%. So, anyone whose annual taxable income is more than Rs 12 lakh, in fact Rs ...

The Union Budget for 2025-26, presented by Finance Minister Nirmala Sitharaman, introduced significant changes to India’s tax slabs. The minister announced that individuals earning up to Rs 12 ...

The Union Budget 2025-26 made several changes to the new income tax regime, including revising the tax slab rates and increasing the tax rebate to INR 60,000 for incomes up to INR 12 lakh under ...

Experts have speculated that the Indian government may make significant tweaks to the current new tax regime, with the initial tax slab of Rs. 0-3 lakh potentially being expanded to Rs. 0-5 lakh.

India union budget 2025: How income tax slab tweaks will impact spending, saving. The new structure will increase disposable incomes, boosting household consumption, savings and investment, the ...