11 Income Tax changes from April 1, 2025: From new income tax slabs to zero income tax up to Rs 12 lakh – top points to know
Understanding these new income tax rules is crucial, as they influence tax deductions. (AI image) Income Tax Changes FY 2025-26: April 1, 2025, signals the start of the fresh fiscal year. As the new financial year begins, several new income tax regulations come into effect, including a more rationalised new income tax regime, higher basic exemption limit and tax rates. Additionally, several changes in TDS, TCS rules also take effect.Understanding these new income tax rules is crucial, as they influence tax deductions from various income sources, including salary and interest earnings.