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Taxation |
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New FY 2025: New income tax slabs, zero tax on income up to Rs 12 lakh, 9 other income tax laws effective from April 1, 2025
01-Apr-2025
April 1, 2025, marks the beginning of the new fiscal year. With the start of the new financial year, many new income tax laws come into effect. It is important to keep a note of these new income tax laws. This is because the new income tax laws impact how tax is deducted from various sources of income, such as salary, interest income, etc. Further, how much tax you will pay for incomes earned during FY 2025-26.
News Source:- https://economictimes.indiatimes.com/wealth/tax/new-fy-2025-new-income-tax-slabs-zero-tax-on-income-upto-rs-12-lakh-9-other-income-tax-laws-effective-from-april-1-2025/articleshow/119847605.cms
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