Big Tax Slab Changes for FY 2025-26: What You Must Know

Big Tax Slab Changes for FY 2025-26: What You Must Know

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Big Tax Slab Changes for FY 2025-26: What You Must Know

The Union Budget 2025 has introduced major tax changes that could save you thousands - but only if you understand them correctly. Here's everything you need to know, Specialized ITR filing services in Mumbai offer: for your specific situation.

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New Tax Slabs Simplified (FY 2025-26)

For Salaried Professionals:

  • 0% tax on income up to ₹3 lakh (no change)

  • New 10% rate for ₹7-10 lakh (down from 20%)

  • 15% rate introduced for ₹10-12.5 lakh bracket

  • 20% rate for ₹12.5-15 lakh (down from 30%)

Example: If you earn ₹9 lakh annually, your tax liability reduced by ₹15,000 this year!