2025 Tax Brackets. Here are the updated income tax brackets: Budget 2025 introduces significant changes to income tax slabs under the new tax regime for individuals.

In budget 2025, the finance minister announced no income tax will be payable for income up to โน12 lakh under the new regime, as the rebate has been increased to โน60,000. Budget 2025 introduces significant changes to income tax slabs under the new tax regime for individuals. Understand the difference between the new and old tax regimes.