Indian Tax Changes in 2025: What You Need to Know
BIG IDEA: BIG IDEA: Tax rules change every year. Some tweaks help you save. Others need careful planning. The 2025 updates are no different.
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1. New Tax Slabs (A.Y. 2025-26)
- Up to ₹3 lakh – Nil
- ₹3–6 lakh – 5%
- ₹6–9 lakh – 10%
- ₹9–12 lakh – 15%
- ₹12–15 lakh – 20%
- Above ₹15 lakh – 30%
2. Higher Standard Deduction for Salaried
Now ₹75,000 (up from ₹50,000). No proof needed.
3. Section 80C Limit Remains for Old Regime
Options:
- PPF
- ELSS
- Life insurance premiums
- Home loan principal
4. Health Insurance (Section 80D)
- ₹25,000 for self, spouse, kids
- ₹50,000 for senior citizen parents
5. TDS on Online Payments (Section 194-O)
Platforms deduct 1% TDS. File ITR to claim refund.
6. Capital Gains Tweaks
- Equity funds: Tax-free up to ₹1.25L
- Debt funds: Taxed as per slab rates
Disclaimer: Info based on FY 2024-25/2025-26. Verify on official sites. TaxWallah isn’t liable for actions taken based on this blog.