2025 Tax Brackets Compared To 2025 Calendar. Under the proposed 2025 tax regime, someone earning ₹25 lakh annually will pay ₹3.43 lakh in total tax, compared to ₹4.57 lakh under the 2024 regime. In the union budget 2025, finance minister nirmala sitharaman revealed an increase in the basic tax exemption limit in the new tax regime.

The irs adjusts tax brackets annually for. Under the newly announced tax slabs under the new regime, no income tax will be payable on annual income of up to rs 12,00,000.