Union Budget 2025:Brief Analysis of Key Direct Tax Amendments Proposed in Finance Act, 2025
tax regime 1. Changes in Tax Rates:No changes have been prescribed with respect to the tax rates and slab limit of the Individuals/HUF under the old tax regime.Tax rates and slab limits for the Individuals/HUF under the new tax regime (section 115BAC of the IT Act) have been revised as under: Existing Tax Slabs Proposed Tax…