{"id":1459,"date":"2025-02-01T17:47:39","date_gmt":"2025-02-01T12:17:39","guid":{"rendered":"https:\/\/www.caclubindia.com\/guide\/?p=1459"},"modified":"2025-06-26T15:56:14","modified_gmt":"2025-06-26T10:26:14","slug":"new-income-tax-slab","status":"publish","type":"post","link":"https:\/\/www.caclubindia.com\/guide\/new-income-tax-slab\/","title":{"rendered":"New Income Tax Slab For The FY 2025-26"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

The government in Union Budget 2025 has introduced a simplified New Tax Regime, offering zero tax liability up to Rs. 12 lakh (i.e. average income of Rs.1 lakh per month other than special rate income such as capital gains)<\/p>\n\n\n\n

Now, the new limit will be Rs.12.75 lakh for salaried tax payers, due to standard deduction amounting Rs. 75,000.<\/p>\n\n\n\n

Income Tax Slabs Under New Regime<\/h2>\n\n\n\n
Income Tax Slab<\/strong><\/td>Income Tax Rate<\/strong><\/td><\/tr>
0-4 lakh<\/td>Nil<\/td><\/tr>
4-8 lakh<\/td>5%<\/td><\/tr>
8-12 lakh<\/td>10%<\/td><\/tr>
12-16 lakh<\/td>15%<\/td><\/tr>
16-20 lakh<\/td>20%<\/td><\/tr>
20- 24 lakh<\/td>25%<\/td><\/tr>
Above 24 lakh<\/td>30%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

The total tax benefit of slab rate changes and rebate at different income levels can be illustrated in the table below:<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

By reducing taxes, the government aims to leave more disposable income in the hands of taxpayers, which can boost household consumption, savings, and investments, thereby contributing to economic growth.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

The government in Union Budget 2025 has introduced a simplified New Tax Regime, offering zero tax liability up to Rs. 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