2025 Tax Brackets Changespirators

2025 Tax Brackets Changespirators. Standard deduction in the new tax regime will be increased from ₹ 50,000 to ₹ 75,000, finance minister nirmala sitharaman said tuesday as she announced the 2025 union. The indian income tax system offers two regimes:

Individuals, including senior and super senior citizens, are taxed according to a progressive slab system, with rates ranging from 5% to 30%, depending on their income. It also increased the standard.