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05-02-2025
Understanding the Income Tax slabs for FY- 2025-26:

Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman ji presented the Union Budget 2025-26 in Parliament on 1st February 2025 and the same will be implemented for the FY- 2025-26. In this budget, the government opted not to modify the existing tax regime or introduce any new deductions. Rather FM made adjustments to the slabs, rates, and rebates within the new regime. However, the Old Tax Regime was kept unchanged.

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