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New Income Tax Slabs FY 2024-25 (AY 2025-26)

15 May, 2024 • Admin
New Income Tax Slabs FY 2024-25 (AY 2025-26)
Financial Year 2024-25 (Assessment Year 2025-26) ke liye Union Budget 2024 me introduce kiye gaye revised New Tax Regime ke updated Income Tax Slabs niche diye gaye hain: 1. New Tax Regime (FY 2024-25 / AY 2025-26) Default tax regime ke under revised tax slabs is prakar hain: Annual Income (Income Range) Tax Rate Up to ₹3,000,000 NIL ₹3,000,001 to ₹7,000,000 5% ₹7,000,001 to ₹10,000,000 10% ₹10,000,001 to ₹12,000,000 15% ₹12,000,001 to ₹15,000,000 20% Above ₹15,000,000 30% Key Highlights (New Tax Regime): Standard Deduction: Salaried employees aur pensioners ke liye Standard Deduction ko ₹50,000 se badhakar ₹75,000 kar diya gaya hai. Tax Rebate (Section 87A): Taxable income ₹7,000,000 tak hone par Section 87A ke tehat full rebate milta hai. Standard Deduction (₹75,000) mila kar salaried individuals ₹7,75,000 tak ki income par ZERO tax pay karte hain. 2. Old Tax Regime (FY 2024-25 / AY 2025-26) Old Tax Regime ke rates aur slabs me koi badlaav nahi kiya gaya hai (isne Section 80C, 80D, HRA jaisi exemptions continue rehti hain): Income Slab Individuals (<60 Years) Senior Citizens (60 to 80 Years) Very Senior Citizens (>80 Years) Up to ₹2,50,000 NIL NIL NIL ₹2,50,001 to ₹3,00,000 5% NIL NIL ₹3,00,001 to ₹5,00,000 5% 5% NIL ₹5,00,001 to ₹10,00,000 20% 20% 20% Above ₹10,00,000 30% 30% 30% Note: Surcharge aur 4% Health & Education Cess sabhi applicable tax amounts par extra.