Tax Brackets 2025 India Pdf. Direct tax code's key provisions are expected to include streamlined tax regimes, fewer slabs, and reduced complexities, benefiting individuals with annual incomes between rs. The government is also considering recalibrating concessional tax rates for income.

The middle class in india hopes for an income tax rate cut in the 2025 budget as individual earnings stagnate despite corporate growth. India is planning to reduce income tax for people earning up to 1.5 million rupees a year.