Union Budget 2025, Feb. 1 -- With income tax slabs becoming more attractive, it is quite tempting for the taxpayers now to choose a new tax regime over the old tax regime.
Today, Finance MinisterNirmala Sitharaman duringBudget 2025 speech announced the new tax slabs, thus offering benefits of tax saving for taxpayers. There will be no income tax for salariedtaxpayers earning upto Rs.12.75 lakh, for example.
Sample this: If your income is Rs.12,75,000, your tax outgo will be zero whereas it was Rs.80,000 until now. If your salary income is Rs.15.75 lakh, your tax outgo will be Rs.1.05 lakh whereas earlier it was Rs.1.4 lakh, thus enabling you to save Rs.35,000.
And if your salary income is Rs.25,75,000, your tax outgo will be Rs.3.3 lak...
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