Rashmi
Quick Summary
The Indian government has introduced several tax changes in Budget 2025 to simplify tax filing, reduce compliance burdens, and provide benefits to different income groups. Here's a breakdown of the key updates in an easy way. 1. New Income Tax Slabs Rates Under the new tax regime, the tax slabs have been revised as follows: Annual Income Tax Rate Up to ₹4,00,000 0% (No Tax) ₹4,00,001 - ₹8,00,000 5% ₹8,00,001 - ₹12,00,000 10% ₹12,00,001 - ₹16,00,000 15%
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