Tax rates: existing graduated income-tax slab structure for individuals and related entities remains unchanged for the assessment year. Part I of the First Schedule to the Finance Bill, 2025 prescribes graduated income-tax slabs and corresponding percentage rates for assessment year ... Summary
Tax rates: existing graduated income-tax slab structure for individuals and related entities remains unchanged for the assessment year.
Part I of the First Schedule to the Finance Bill, 2025 prescribes graduated income-tax slabs and corresponding percentage rates for assessment year 2025-26 applicable to individuals, HUFs, associations of persons, bodies of individuals and certain artificial juridical persons. It distinguishes three resident-individual categories by age with differing basic-exemption thresholds and applies graduated marginal rates across successive income bands. The schedule for 2025-26 is stated to be unchanged from the prior assessment year.
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TaxTMI 
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