Price range 2025 revenue tax: From revenue tax slab & fee modifications to hike in commonplace deduction, exemption limits

Price range 2025 revenue tax expectations: What’s going to the revenue tax slabs and revenue tax charges after Union Price range 2025? Will FM Nirmala Sitharaman elevate the usual deduction additional below the brand new revenue tax regime and embody well-liked exemptions like Part 80C, HRA, Part 80D? With the brand new revenue tax regime changing into the default tax regime, tax specialists consider that no main modifications within the previous tax regime needs to be anticipated. Any rationalisation in revenue tax slabs, charges and modifications in fundamental exemption restrict, rebate and many others. can solely be anticipated below the brand new revenue tax regime. With that in thoughts, we check out the highest 10 revenue tax expectations of salaried taxpayers and customary man from Price range 2025: