INCOME TAX PROVISIONS FOR FINANCIAL YEAR 2024-25 (AY 2025-26)
(NOTE - This post is further to our post (CLICK) for past FY in this site ) )
1. For the FY 2024-25 (current) even though not many changes have been made from the previous year, the New Regime has further been made more attractive and beneficial for a larger segment of Middle Class Tax payers. For a Taxable Income of 12 Lakhs the total savings for salaried person incl pensioner savings to the extent of Rs 17000 have been incorporated as compared to FY 2023-24.
