Withholding Tax At New Budget 2025

Withholding Tax At New Budget 2025. Rationalisation of withholding tax rates: Income tax payers have a long wishlist, featuring a 30 percent tax slab only for those with incomes over rs 20 lakh, inclusion of 80c and housing benefits under the new tax regime, and a special.

Taxpayers can now benefit from revised tax slabs, along with an increased standard deduction and an enhanced family pension deduction. With increased participation and evolving benefits, it seems that this system will continue to be a focal point for future tax reforms.