By Sakshi Sah
Published Feb 03, 2025

Hindustan Times
Trending

Photo Credit: PTI

New income tax slabs in Budget 2025

The revised income tax regime announced for 2025 brings major changes for taxpayers.

Here’s a quick look at the key changes you need to know.

Income up to 4 lakh is completely tax-free for all.

Earnings between 4 lakh and 8 lakh taxed at 5%.

Income from 8 lakh to 12 lakh taxed at 10%.

Earnings between 12 lakh and 16 lakh taxed at 15%.

Income from 16 lakh to 20 lakh taxed at 20%.

Earnings between 20 lakh and 24 lakh taxed at 25%.

Income above 24 lakh will be taxed at 30%.

Challenge your mind with these 7 clever riddles