Big Tax Reforms in Budget 2025-26

New Income Tax Slabs in Budget 2025-26 📊💰

The government has revised the tax slabs to provide relief for middle-class taxpayers. Here’s how the new structure looks:

Annual Income (₹) Tax Rate (%)

0 - 4 lakh 0% (No Tax)

4 - 8 lakh 5%

8 - 12 lakh 10%

12 - 16 lakh 15%

16 - 20 lakh 20%

20 - 24 lakh 25%

Above 24 lakh 30%

Key Benefits

✅ More savings for low & middle-income earners

✅ Higher exemption limits for salaried individuals

✅ Simplified structure for easy compliance

Additional Tax Relief Measures

📌 Senior Citizens – Tax deduction limit doubled from ₹50,000 to ₹1 lakh

📌 Rental Income – TDS exemption limit increased from ₹2.4 lakh to ₹6 lakh

📌 Updated Tax Returns – Filing period extended from 2 years to 4 years

This new structure aims to put more money in the hands of taxpayers while boosting economic activity! 🚀 Do you think this will be beneficial? Let me know your thoughts! 💬👇

#Budget2025 #TaxReforms #IndiaEconomy #MiddleClassSavings #Finance