New Income Tax Slabs  Union Budget 2025

By Team foundit

White Scribbled Underline

February 1 , 2025

New Income Tax Slabs 2025

Know the latest income tax slabs announced in Budget 2025, bringing major relief to taxpayers.

No Tax Up to ₹12 Lakh

Big tax relief for individuals earning up to ₹12 lakh annually. You now pay zero income tax under the new tax regime.

Standard Deduction Benefits

Salaried employees enjoy a standard deduction of ₹75,000, making income up to ₹12.75 lakh tax-free.

Revised Tax Slabs 2025

New tax slabs under New Regime:  ₹0-4L: 0%, |  ₹4-8L: 5%,   ₹8-12L: 10% | ₹12-16L: 15% ₹16-20L: 20% | ₹20-24L: 25% ₹24L+: 30%

Benefits for Salaried

Taxpayers earning: ₹12L save ₹80,000; ₹18L save ₹70,000; ₹25L save ₹1.1L  under new rules.

Tax Savings Example

A ₹25L income now pays ₹3.43L tax, saving ₹1.1L over last year, with more in-hand income.

Old Regime No Change

The old tax regime sees no changes in Budget 2025..

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