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Filing support for salaried individuals in completing the ITR-1 form
Filing includes salary, one house property, capital gains, and interest income
Filing includes salary, house property, capital gains and other income sources
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In the Union Budget 2025-26, Finance Minister announced major changes to the income tax structure under the new tax regime to provide relief to middle-class taxpayers.
| Annual Income (₹) | Tax Rate |
|---|---|
| 0 – 4,00,000 | Nil |
| 4,00,001 – 8,00,000 | 5% |
| 8,00,001 – 12,00,000 | 10% |
| 12,00,001 – 16,00,000 | 15% |
| 16,00,001 – 20,00,000 | 20% |
| 20,00,001 – 24,00,000 | 25% |
| Above 24,00,000 | 30% |
Section 87A Rebate Increased: The rebate has been increased to ₹60,000 from ₹25,000, giving additional tax relief to eligible taxpayers.
These reforms aim to increase disposable income, encourage spending, and support overall economic growth.