By Sakshi Sah
Published Feb 03, 2025

Hindustan Times
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New income tax slabs in Budget 2025

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

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

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

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

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

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

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

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

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Income above ₹24 lakh will be taxed at 30%.

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