#new tax regime slabs

[targetstudy]

Budget 2024 Highlights, New Tax Regime Slabs, Income Tax & More

This is the Interim budget 2024 which is presented by Finance Minister Nirmala Sitharaman. Nirmala Sitharaman presented her 7th budget in parliament.

In the budget 2024, which came just after the election results, the government has also paid the price for the ‘support’ of the allies. Special packages were given to the Bihar government and the Andhra Pradesh government.

At the same time, new employment opportunities have been opened to address the discontent among the youth who expressed their dissatisfaction in the Lok Sabha elections.

However, by increasing the capital gains tax on stock market investors, the burden on the middle class, already suffering from inflation, has been increased further.

In the new tax system, a slight relief has been provided by increasing the standard deduction from ₹50,000 to ₹75,000. Additionally, changes have been made to the income tax slab.

READ MORE: Budget 2024 Highlights, New Tax Regime Slabs, Income Tax & More

[dailyfinancial]

ITR Filing 2025: New Income Tax Regim, Don’t Miss Out! These 3 Deductions Can Reduce Your Income Tax

“How to save money with the new income tax regime in ITR filing 2025. Learn about 3 key deductions—standard deduction, NPS, and home loan interest—to maximize savings. Stay updated on tax slabs, deadlines, and expert tips to reduce your tax liability effectively. Read now!” The new income tax regime introduced in the Union Budget 2025 has brought significant changes to the way taxpayers in India…

[imdnews1]

Income Tax Budget 2025 : 12 लाख करमुक्त उत्पन्न आणि त्यापेक्षा जास्त उत्पन्न असल्यास कर कसा मोजला जातो?

[shashwatsm]

Income Tax New Bill 2025: Major Tax Reforms & Compliance Guide

Income Tax New Bill 2025: Major Tax Reforms & Compliance Guide

India’s tax system is undergoing a major transformation with the introduction of the Income tax new bill 2025. The government presented the bill in Parliament on February 13, 2025, with the aim of modernizing outdated tax laws. The income tax act 2025 is designed to streamline taxation, improve compliance, and align India’s tax structure with global standards. A review committee is currently assessing the provisions, with its final report expected before the Monsoon Session. Understanding these changes is crucial for taxpayers, businesses, and financial professionals. This article outlines key amendments, the implementation timeline, and important compliance guidelines.

Implementation Timeline of Income Tax New Bill 2025

The income tax act 2025 will take effect from April 1, 2026, marking the beginning of the 2026–27 financial year. Since this legislation brings significant modifications, taxpayers should start preparing early to ensure a smooth transition and avoid last-minute compliance issues.

Who Needs to Prepare for These Changes?

Taxpayers Individuals and businesses must adapt their tax strategies in accordance with the income tax new bill 2025 to optimize liabilities and remain compliant.

Financial Experts Chartered Accountants (CA), Company Secretaries (CS), and Cost and Management Accountants (CMA) should analyze the income tax act 2025 to provide accurate financial planning strategies.

Students and Exam Candidates

Exams before March 31, 2026, will be based on the current tax laws.

Exams from April 1, 2027, onward will include the income tax new bill 2025 provisions.

Why Was the Income Tax New Bill 2025 Introduced?

The government introduced the income tax act 2025 to achieve several objectives:

Global Standardization: Aligning Indian tax laws with international best practices.

Simplified Compliance: Reducing complexity for better taxpayer understanding.

Enhanced Transparency: Establishing a well-structured tax framework for better clarity.

Efficient Dispute Resolution: Reducing tax disputes through clear legal definitions.

Encouraging Digital Transactions: Strengthening taxation of digital financial activities.

Key Highlights of the Income Tax New Bill 2025

The income tax new bill 2025 introduces several structural and procedural modifications. Here’s a detailed breakdown of the major reforms:

1. Simplified Tax Structure

The previous tax law had 298 sections and over 800 provisions.

The new bill consolidates them into 536 sections, removing outdated provisions.

2. Improved Chapter Organization

Earlier, tax provisions were spread across 47 chapters, making navigation difficult.

The new bill restructures them into 23 chapters for better accessibility.

3. Concise and Clear Language

The word count has been reduced from 5.12 lakh words to 2.6 lakh words.

The page count has dropped from 822 pages to 622 pages, making it easier to comprehend.

4. Introduction of ‘Tax Year’ Concept

The outdated terms ‘Previous Year’ and ‘Assessment Year’ have been replaced with ‘Tax Year’ (April 1 – March 31), simplifying tax filings.

5. Retention of Dual Tax Regimes

Taxpayers can continue to choose between the old and new tax regimes, providing greater flexibility in tax planning.

6. Taxation of Virtual Digital Assets (VDA)

Cryptocurrencies, NFTs, and other Virtual Digital Assets (VDA) will now be explicitly taxable.

A standardized tax rate will be applied to ensure regulatory clarity.

7. Stability in Tax Slabs

The income tax new bill 2025 retains the existing tax slabs, ensuring stability for taxpayers.

For example, individuals earning INR 12 lakh will continue to have zero tax liability under rebate provisions.

8. Retention of Five Key Income Categories

The major heads of income remain unchanged:

Salary

House Property

Business/Profession

Capital Gains

Other Sources

9. Systematic Section Renumbering

To improve readability, section numbers have been reorganized:

Salary Income: Old 15–17 → New 15–19

House Property: Old 20–27 → New 20–25

Business/Profession: Old 28–44 → New 26–66

Capital Gains: Old 45–55 → New 67–91

Other Sources: Old 56–59 → New 92–95

10. Stricter Penalties for Non-Compliance

Heavier penalties for tax evasion and non-compliance.

Filing incorrect tax returns or failing to report income will attract severe fines and legal consequences.

11. Enhanced Digital Taxation and E-Filing

More taxpayers will be required to file returns electronically.

The government will implement automated tax calculations to reduce errors and enhance efficiency.

How Will the Income Tax New Bill 2025 Affect You?

The income tax new bill 2025 simplifies compliance while ensuring fairness. Whether you are a salaried individual, a business owner, or a financial expert, staying informed about the new tax provisions is crucial. Early preparation and understanding of the income tax act 2025 will ensure a smooth transition, helping taxpayers avoid penalties and optimize their financial strategies.

Conclusion

The income tax new bill 2025 marks a significant transformation in India’s taxation system. By modernizing tax laws, incorporating digital assets, and improving legal clarity, the income tax act 2025 aims to establish a transparent and efficient framework. Taxpayers and professionals should stay updated and review the new regulations regularly. Early adaptation to the income tax new bill 2025 will be key to ensuring seamless tax compliance in the coming years.

[jjtax]

Is ₹12 LPA Really Tax-Free? Unpacking the Truth

Confused about the claim that ₹12 lakh is tax-free? Let's break it down

The Buzz: Finance Minister Nirmala Sitharaman announced no income tax for incomes up to ₹12 lakh under the new tax regime. But what does this mean for Joe Taxpayer?

The Reality: ₹12 lakh isn't a flat-out tax-free amount. Instead, it acts as an exemption limit, meaning you won’t pay tax on income up to ₹12 lakh. However, once your income exceeds this limit, the tax slabs kick in.

👉 Salaried individuals also benefit from a standard deduction of ₹75,000, effectively pushing the tax-free limit to ₹12.75 lakh.

New Tax Slabs Explained:

Example: For an income of ₹14 lakh:

First ₹4 lakh: 0% tax (₹0)

Next ₹4 lakh: 5% tax (₹20,000)

Next ₹4 lakh: 10% tax (₹40,000)

Remaining ₹2 lakh: 15% tax (₹30,000)

Total Tax: ₹90,000

With the ₹75,000 standard deduction, the taxable income for salaried individuals would be ₹13.25 lakh before applying the slabs.

New vs. Old Tax Regime:

🆕 New Regime: Lower tax rates, fewer deductions. Ideal for those with fewer investments or who want a simple tax process.

🏛️ Old Regime: Higher rates but more deductions and exemptions. Great for those who maximize Section 80C benefits or have home loan interest payments.

The Bottom Line: ₹12 lakh as a "tax-free" claim is more of an exemption limit. If your income exceeds it, tax slabs apply. Deciding between the new and old regimes depends on your specific financial scenario.

💡 Need Help Calculating Your Taxes? Download the JJ TAX APP for tax calculators and get expert guidance through JIA, our chat-based assistant! www.jjfintax.com.

[nishantsah]

Income Tax Act 2025: Key Changes & Implementation Timeline

The Income Tax Act 2025 marks a significant transformation in India's tax system. Designed for simplicity, transparency, and efficiency, it replaces outdated provisions with modern tax laws. By aligning with global standards, the new tax framework ensures streamlined compliance and reduced legal complexities. Staying informed about these changes is crucial for individuals and businesses planning their finances.

Overview of the Income Tax Act 2025

The Income Tax Act 2025 replaces the existing tax laws to simplify compliance and minimize disputes. Previously referred to as the Direct Tax Code, this reform ensures clarity in taxation. Taxpayers can download the Income Tax Act 2025 PDF for a comprehensive understanding of all provisions and modifications.

Implementation Timeline of the Income Tax Act 2025

Understanding the timeline is essential for a smooth transition. The new tax structure becomes effective on April 1, 2026, making the financial year 2026-27 the first taxable period under the revised framework. Taxpayers must prepare in advance to ensure compliance.

Exam Guidelines for CA, CS & CMA Students

Exams before March 31, 2026, will follow the Income Tax Act 1961.

Exams after April 1, 2027, will be based on the Income Tax Act 2025.

Key Objectives of the Income Tax Act 2025

The Income Tax Act 2025 focuses on several core objectives, including:

Aligning Indian tax laws with global standards.

Simplifying compliance by reducing legal complexities.

Enhancing transparency in tax calculations.

With these objectives, the Income Tax Act 2025 ensures a more structured and dispute-free tax framework.

Major Changes in the Income Tax Act 2025

1. Reduction in Sections

The new act reduces the number of sections from 298 to 536, eliminating redundant provisions for easier compliance.

2. Restructured Chapters

Earlier, tax laws were divided into 47 chapters. The Income Tax Act 2025 consolidates them into 23 chapters, providing better clarity.

3. Simplified Language & Format

A structured format with clear tables and formulas reduces ambiguities, making tax laws easier to understand.

4. Reduced Word & Page Count

Old Act: 5.12 lakh words, 822 pages

New Act: 2.6 lakh words, 622 pages

5. Measures to Reduce Litigation

By incorporating past judicial rulings, the Income Tax Act 2025 aims to minimize legal disputes and ensure smoother compliance.

6. Introduction of a Single ‘Tax Year’

Terms like ‘Previous Year’ and ‘Assessment Year’ are replaced with a single Tax Year (April 1 – March 31), making tax planning simpler.

7. Retention of Old & New Tax Regimes

Taxpayers can still choose between the old and new tax regimes, offering flexibility in financial planning.

8. Virtual Digital Assets (VDA) Taxation

The new act formally recognizes cryptocurrencies, NFTs, and other digital assets as taxable, ensuring compliance in the digital economy.

9. No Changes in Tax Slabs

The existing tax slabs remain unchanged, and an effective NIL tax applies to incomes up to INR 12 lakh due to rebates.

10. Retention of Five Income Heads

The five traditional income heads remain unchanged:

Salary

House Property

Business/Profession

Capital Gains

Other Sources

11. New Section Numbering System

The Income Tax Act 2025 introduces a revised numbering system:

Salary Income: Sections 15-19 (previously 15-17)

House Property: Sections 20-25 (previously 20-27)

Business/Profession: Sections 26-66 (previously 28-44)

Capital Gains: Sections 67-91 (previously 45-55)

Other Sources: Sections 92-95 (previously 56-59)

Conclusion

The Income Tax Act 2025 is a landmark reform aimed at modernizing India's tax system. By simplifying compliance, reducing litigation, and ensuring transparency, it aligns taxation with global standards. Staying informed about these changes is essential for professionals, taxpayers, and businesses.

Download the Income Tax Act 2025 PDF to explore all provisions and stay ahead in tax planning. Preparing in advance will ensure a seamless transition and compliance under the new framework.

[nishantsth]

Income Tax Act 2025 PDF & New Income Tax Bill 2025 Highlights

The Income Tax Act 2025 PDF introduces significant reforms to India's taxation framework. Introduced in Parliament on February 13, 2025, this act aims to enhance transparency, simplify compliance, and minimize tax disputes. As the act comes into effect on April 1, 2026, taxpayers must understand its key provisions. This article highlights essential updates, the implementation timeline, and where to find the Income Tax Act 2025 PDF for reference.

Implementation Timeline of Income Tax Act 2025 PDF

The Income Tax Act 2025 PDF will be applicable from April 1, 2026, covering the financial year 2026–27. Taxpayers, businesses, and financial professionals should prepare early to comply with the new taxation system. Proper tax planning will help in smooth adaptation and ensure compliance with updated laws.

Transition Period for CA, CS & CMA Students

Until March 31, 2026: Exams will be based on the Income Tax Act 1961.

From April 1, 2027: Exams will follow the Income Tax Act 2025 PDF guidelines.

Objectives of the Income Tax Act 2025 PDF

The Income Tax Act 2025 PDF is designed to modernize taxation by focusing on:

Modernization: Aligning tax regulations with international standards.

Simplification: Making tax laws clearer and user-friendly.

Efficiency: Minimizing disputes and ensuring smooth compliance.

New Income Tax Bill 2025 Highlights

1. Simplified Tax Law Structure

The New Income Tax Bill 2025 Highlights include an increase in the number of sections from 298 to 536, ensuring better clarity while eliminating outdated provisions.

2. Improved Chapter Organization

Chapters have been streamlined from 47 to 23, making the Income Tax Act 2025 PDF more structured and accessible.

3. Reduced Complexity & Length

Previous Law: 5.12 lakh words

Income Tax Act 2025 PDF: 2.6 lakh words (50% reduction)

Total Pages: 622 (200 pages fewer than before)

4. Introduction of a Unified Tax Year

The New Income Tax Bill 2025 Highlights include the replacement of ‘Previous Year’ and ‘Assessment Year’ with a single Tax Year running from April 1 to March 31. The first tax year under this new system will be 2026–27.

5. Flexibility Between Old & New Tax Regimes

Taxpayers can choose between the old and new tax regimes, providing financial flexibility under the Income Tax Act 2025 PDF.

6. Digital Asset Taxation

The Income Tax Act 2025 PDF includes detailed taxation rules for cryptocurrencies, NFTs, and other virtual digital assets. The government will track undisclosed digital income for tax compliance.

7. Simplified Language for Easy Understanding

To reduce tax disputes and improve compliance, the Income Tax Act 2025 PDF incorporates easy-to-follow formulas, structured tables, and clear language.

8. No Changes in Tax Slabs

Existing tax slabs remain unchanged. Individuals earning up to INR 12 lakh will continue to have zero-tax liability after applying applicable rebates.

9. Retention of Five Income Categories

The Income Tax Act 2025 PDF maintains the classification of income into five categories:

Salary

House Property

Business/Profession

Capital Gains

Other Sources

10. Updated Section Numbers for Better Navigation

The New Income Tax Bill 2025 Highlights include revised section numbers for easy reference:

Salary Income: Sections 15–19 (earlier 15–17)

House Property: Sections 20–25 (earlier 20–27)

Business/Profession: Sections 26–66 (earlier 28–44)

Capital Gains: Sections 67–91 (earlier 45–55)

Other Sources: Sections 92–95 (earlier 56–59)

Where to Find the Income Tax Act 2025 PDF

For a detailed reference, you can download the Income Tax Act 2025 PDF from the official government portal or reputable taxation websites. This document contains all the latest provisions to help taxpayers stay compliant.

Conclusion

The Income Tax Act 2025 PDF introduces a structured, transparent, and efficient taxation system. Key changes in tax structure, compliance procedures, and digital asset taxation require early preparation. Stay updated, plan ahead, and access the Income Tax Act 2025 PDF to ensure smooth tax filing. Understanding the New Income Tax Bill 2025 Highlights will help taxpayers adapt effectively and avoid potential compliance issues.

[healthpluser]

Income Tax slabs 2025: No income tax payable on income up to ₹12 lakh, says Nirmala Sitharaman during Budget 2025

With an objective to boost household consumption and aggregate demand, Finance Minister Nirmala Sitharaman announced on Saturday that incomes up to ₹12 lakh would draw no income tax. Effectively, with the existing standard deduction of ₹75,000 in the new tax regime, the limit now stands revised to ₹12.75 lakh. Watch: Union Budget 2025 | Key tax announcements decoded With the same…

[chinmayfinlease]

Union Budget 2025: What’s Changed from Last Year?

Chinmay Finlease knows that the beginning of each year drives everyone’s attention to the budget of the year. The introduction of a budget creates concern and expectations for taxpayers, salaried employees, business persons, industrialists and each person in India.

While Hon’ble Finance Minister Nirmala Sitharaman has recently introduced the budget in Lok Sabha for the year 2025-26. The budget is an effort by the government to accelerate the growth of the nation, securing inclusive development, strengthening private sector investments and enhancing the expenditure power of the middle-class people of India.

The key expectations from the budget for this year were focused on simplified taxes, economic development and other key sectors. This brief guide shows you the major changes and the comparison of Union Budget 2024 and union budget 2025.

What is the Union Budget?

The Union budget is an official financial statement by the Government of India, presented every year by the financial minister.

When the Union Budget 2025 was introduced?

1 February, 2025, Saturday

What Is Included in a Budget?

Estimating Revenue: This section includes direct and indirect taxes on various goods and services and non-tax revenue.

Capital Budget: It includes infrastructure investments and long-term development projects.

Planning Expenditure: This includes expenses that will be made by the government on various sectors like defence, education, healthcare, infrastructure, and social welfare.

Receipts: These consist of tax revenue, non-tax revenue, and borrowings.

Key Purposes of Budget

Economic Growth and Stability

Resource Allocation

Social Welfare

Investment & Deficing Management

Revenue Generation

What to Expect for Salaried Professionals

No tax for citizens with annual income up to ₹12.75 lakh under the new tax regime

Comparison of Union Budget 2024-25 and 2025-26

Category 

Union Budget 2024-25

Union Budget 2025-26

Economic Development

Focused on self-reliance (Atmanirbhar Bharat) & MSMEs, employment, skilling, and middle class

Emphasising the Vision for "Viksit Bharat" with increased private sector investment

Agriculture & Rural Development

₹1,22,528.77 Crore allocated

PM Kisan Yojana continued

₹ 1.37 lakh crore allocated

Expanded Kisan Credit Card (₹5 lakh credit to 7.7 crore farmers)

 Improve research, develop seeds that resist pests and climate challenges

Increase the availability of over 100 new seed varieties

PM Dhan Dhaanya Krishi Yojana

MSMEs & Startups

₹50,000 crore allocated for MSMEs

MUDRA limit doubled ₹20 lakhs from ₹10 lakhs.

Increased credit guarantee cover of ₹ 20 Crore

Customized credit card limit ₹5 lakh for microenterprises

₹2 crore loans for first-time entrepreneurs

Education & Healthcare

Expansion of medical colleges & skill development

1.48 lakh crore to education, employment and skill development

50,000 Atal Tinkering Labs, 10,000 more medical seats

AI Centres of Excellence

₹ 500 crore to setting up a Centre of Excellence in AI for education

Infrastructure & Urban Development

₹10 lakh crore capital outlay

PM Gati Shakti Plan

₹1 lakh crore Urban Challenge Fund

New Greenfield Airports

₹530 crore UDAN expansion

Tax Reforms & Benefits

Simplified tax slabs

focus on digital tax filing

Higher deductions for senior citizens

Higher TDS limit on rent

Revised Tax Slabs with progressive rates

No tax for citizens with annual income upto ₹ 12 lakhs

Banking & Financial Sector

FDI in insurance is capped at 74%

INR 3,500 crores for the incentive scheme, with INR 3,000 crores for BHIM-UPI and INR 500 crores for RuPay debit cards

FDI in insurance increased to 100%

Grameen Credit Score System

Defence & National Security

₹6.21 lakh crore allocation including pension

rises by 9.53% to ₹6.81 lakh crore, focusing on pensions, salaries, and modernisation

Nuclear Energy Mission

Gig Economy & Worker Welfare

Limited formal provisions

a comprehensive framework to extend formal recognition and social security benefits

Improving social security for gig workers and healthcare access

Investments & Employment

₹15,000 crore for Affordable and Mid-income Housing (SWAMIH)

 Rs 6,323 crore and RE of Rs 6,350 crore

₹20,000 crore for R&D

Expanded tourism sector

SWAMIH Fund-2 for housing, R&D budget remains unchanged

Revenue & Expenditure

Estimated to be Rs 32,07,200 crore

Estimated at ₹16.13 Lakh crore, or about 4.9 per cent of GDP

Estimated to be Rs 34,96,409 crore, an increase of 11.1% over the revised estimates for 2024-25.

Fiscal deficit estimated at 4.4% of GDP

Conclusion

The Union Budget for fiscal year 2025-26 has been built upon the framework of fiscal year 2024-25 by bringing into focus higher investments, increased credit availability, improved taxation benefits, and enhanced support for innovation, infrastructure, and national security.

Source Link: Difference Between Union Budget

[mytaxmentor]

The Finance Bill 2025 introduces a significant transformation in India's tax structure, focusing on simplification, transparency, and ease of compliance. With the replacement of the Income Tax Act of 1961, these amendments impact individuals, businesses, startups, and investors.

From revised income tax slabs to streamlined TDS/TCS provisions, the amendments aim to reduce complexity, increase tax efficiency, and promote digital transactions. These changes ensure ease of compliance, economic growth, and fair taxation for all taxpayers.

Major Changes in the Direct Tax System

New Tax Regime with Revised Income Tax Slabs

Updated TDS & TCS Rules to Simplify Compliance

Extension of Tax Benefits for Startups

Higher Limits for Presumptive Taxation

Clearer Taxation Framework for Virtual Digital Assets (VDAs)

Restructuring of Non-Profit Organization Taxation

How Will the Amendments Impact Taxpayers?

1. More Savings & Disposable Income for Individuals

With increased tax exemption limits and higher standard deductions, taxpayers will experience lower tax liabilities and higher take-home income. This encourages spending and investment, positively impacting the economy.

2. Simplified Tax Compliance for Businesses & Professionals

Higher thresholds for TDS, professional fees, and rental income will ensure that small businesses and professionals face fewer tax deductions. This means improved cash flow and less administrative burden.

3. Greater Support for Startups & Entrepreneurs

The extension of the tax holiday for startups encourages business expansion, innovation, and job creation, making India’s startup ecosystem more attractive.

4. Transparency in Digital & Crypto Transactions

Clearer taxation rules for Virtual Digital Assets (VDAs) ensure better compliance and structured tax reporting.

5. Encouragement for Digital Transactions

With higher turnover limits for digital payments, the amendments promote a cashless economy, aligning with India’s long-term financial goals.

6. Restructured Tax Provisions for Non-Profit Organizations (NPOs)

By consolidating NPO tax provisions into a structured framework, compliance becomes easier and more transparent.

What This Means for You

Whether you are a salaried individual, business owner, startup founder, or investor, these amendments will directly impact your tax planning and financial decisions.

Lower tax burdens = Higher savings & investments

Simplified compliance = Easier tax filing process

Encouragement for digital transactions & business growth

More structured taxation for startups & investors

The Finance Bill 2025 is a step toward a modern, efficient, and fair tax system, ensuring economic growth and ease of tax compliance.

Everything You Need to Know in One Place

Understanding tax amendments can be overwhelming, but we’ve made it easier for you. Instead of searching through multiple sources, we have compiled all the direct tax changes from the Finance Bill 2025 in one comprehensive document

This document provides a detailed breakdown of tax reforms, including new tax slabs, updated TDS/TCS provisions, startup benefits, and digital asset taxation. Whether you’re an individual taxpayer, business owner, or startup founder, this resource ensures you stay informed and compliant.

For complete details, download the full document now and get a simplified, structured guide to all the direct tax amendments in 2025.

[taxguidenilesh]

Salary TDS: बदल गया है सैलरी पर टीडीएस कटौती का तरीका - How to calculate TDS on salary in hindi - Tax Guide

Salary TDS: Employee की सैलरी पर टीडीएस कटौती करने का उत्तरदायित्व employer पर है. Employee की salary करमुक्त सीमा से अधिक है तो वेतन से TDS की कटौती करनी होती है, इसलिए कर्मचारी की पूर्ण वित्त वर्ष के लिए सैलरी से अनुमाणित आय की गणना करनी होती है. FY 2023-2024 से सैलरी पर टीडीएस कटौती का तरीका बदल चूका है, जो सभी वेतनभोगी करदाताओ को पता होना जरुरी है. इस लेख में हम बात करेगे की How to calculate TDS on salary? और क्या है नया तरीका सैलरी से अनुमाणित आय की गणना करने का और उसपर टीडीएस deduction का?

[my-traders-arena]

💰 Current vs. New Income Tax Regime 💼

Compare the existing tax slabs with the new tax slabs under the updated regime! 📊

👀 Notice the increased thresholds and better tax savings for certain income brackets. 🏦

Understand how the new structure can help you plan your finances smarter! ✅

🌐 www.mytradersarena.com

☎️ 7010133354.

Follow and share your friends.

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@mytradersarenastockmarket

@followers

#mytradersarena #mytradersarenaofficial #mytradersarenastockmarket #tradingfloor #chennai #tradingacademy #nirmalasitharaman #india #IncomeTax #NewTaxRegime #FinancePlanning #TaxSavings #Budget2025 #SmartInvesting #MoneyMatters #TaxPayers

Current vs. New Income Tax Regime, Compare Tax Slabs, Updated Tax Regime, Tax Savings, Income Tax Planning, Financial Planning, New Tax Structure, Tax Benefits, Tax Thresholds, Better Tax Savings, Tax Brackets Comparison, Smart Tax Planning, Investment Strategies, Income Tax Updates, Taxpayer Benefits, Personal Finance Management, Tax Rules, Wealth Management, Tax Deductions, Financial Growth.

[newsxbyte]

Income Tax Slabs FY 2025-26 explained: 20 FAQs individual taxpayers should check to understand tax rates, income tax benefit under new tax regime

Income tax slabs FY 2025-26: The most important takeaway is that individuals earning up to Rs 12 lakh will have to pay ZERO tax. (AI image) Latest Income Tax Slabs FY 2025-26 after Budget 2025: The income tax slabs and income tax rates under the new tax regime have been revised for FY 2025-26. The revised income tax slabs were announced by FM Nirmala Sitharaman in her Union Budget 2025 speech.…

[babatax]

"Income Tax" Slightly Over ₹12 Lakh Salary? Do You Pay Full Tax?

Under the new tax regime for the financial year 2025–2026, the Budget 2025 has proposed to make ordinary income up to Rs 12 lakh tax-free. This has become possible due to revised tax slabs and an enhanced rebate of Rs 60,000 under section 87A. However, there has been a great deal of confusion regarding tax on incomes slightly above Rs 12 lakh ever since the new tax system for FY 2025–2026 was…