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