No Change in Income Tax Rates, Slabs Announced in Budget 2025; New Income Tax Bill To Be Introduced Next Week, Announces Nirmala Sitharaman
Finance Minister Nirmala Sitharaman announced no changes in income tax rates and slabs for individual taxpayers in the Union Budget 2025 at the time of filing this report. However, she stated, “I propose to introduce the New Income Tax Bill next week,” indicating potential reforms ahead.
Finance Minister Nirmala Sitharaman announced no changes in income tax rates and slabs for individual taxpayers in the Union Budget 2025 at the time of filing this report. However, she stated, “I propose to introduce the New Income Tax Bill next week,” indicating potential reforms ahead. This decision maintains the existing tax structure for now, while the upcoming bill to be tabled next week may bring significant policy changes. Taxpayers will have to wait for further announcements regarding any revisions in the tax regime. New Income Tax Rates, Slabs Announced by Nirmala Sithamaran in Union Budget 2025–26; All Details Here.
Union Budget 2025
#UnionBudget2025 | "I propose to introduce the New Income Tax Bill next week," says FM Nirmala Sitharaman in Parliament pic.twitter.com/yfHIjzyMxu
— ANI (@ANI) February 1, 2025
(The above story first appeared on LatestLY on Feb 01, 2025 12:01 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
