Income tax slabs union budget 2025
In the Union Budget 2025, the Indian government has revised the income tax slabs under the new tax regime to provide relief to taxpayers and stimulate economic growth. The updated tax slabs are as follows:
New Income Tax Slabs for FY 2025-26:
Additionally, the standard deduction for salaried employees has been increased from ₹50,000 to ₹75,000, providing further tax relief.These changes aim to increase disposable income for the middle class, thereby boosting consumption and contributing to economic growth.
For a visual representation of the new tax slabs, you can refer to the following image:
*Please note that tax regulations are subject to change. It's advisable to consult official government resources or a tax professional for the most current information.*
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