đźđł India Budget 2025: Key Announcements
đ Major Income Tax Updates:
1ïžâŁ New Income Tax Bill đ â To be introduced next week.
2ïžâŁ TDS on Rent đ â Revised (Details awaited).
3ïžâŁ TCS Limit on LRS đž â Increased to âč10L.
4ïžâŁ Middle-Class Relief đ â No tax up to âč12L (Crypto not included).
5ïžâŁ Income Tax Slabs Revised đ â Check the new slabs below!
đ„ New Income Tax Slabs (Budget 2025):
âč0 - âč4L ⥠NIL â
âč4L - âč8L ⥠5% đą
âč8L - âč10L ⥠10% đ”
âč10L - âč12L ⥠15% đĄ
âč12L - âč16L ⥠20% đ
âč16L - âč20L ⥠25% đŽ
Above âč20L ⥠30% đ
đ° Huge Relief for the Middle Class!
đ Boost to Spending & Economy! But
â For Crypto Traders:
đŽ 30% flat tax stays đ
đŽ 1% TDS on every trade â ïž
đŽ No loss offset â
đŽ Zero changes đ
đŹ What are your thoughts on this?