Indian Tax Changes in 2025: What You Need to Know

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.