Income Tax Changes For 2025
Income Tax Changes For 2025. The new tax regime is the default tax regime. Key changes in the new income tax bill.
Experts have offered several recommendations focusing on significant changes to personal income tax, specific tax areas like evs and crypto, housing benefits, savings. Key proposals include the rationalisation of income tax slabs under the new regime, an increased tax rebate limit under section 87a, and an extended time frame for filing updated returns.