Income Tax Rate For 2025 . Income tax budget 2025 updates: Currently, the highest tax rate of 30% is applicable from net taxable income above rs 15 lakh.
Explore the key takeaways of the new income tax bill 2025, including structural changes, simplified provisions, and updates in tax year terminology and tds/tcs rules. 5 crore by more than the amount of income that exceeds.
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Tax Brackets 2025 Single Luna Sage , Under the new tax regime, individuals earning up to rs 12 lakh annually will be exempt from paying income tax.