Tax Rates 2025 Financial Year Comparison. As widely expected, finance minister nirmala sitharaman on saturday announced huge income tax relaxations in the first. The revised tax slabs under the.
In india, income tax is calculated based on the applicable income tax slabs and rates for a given financial year (fy) and assessment year (ay). Under the proposed slabs in the new tax regime, the basic exemption limit will go up from โน3 lakh to โน4 lakh while the rebate under section 87a will increase to โน60,000.
Tax Rates 2025 Financial Year Comparison Images References :