Taxpayers in India need to be updated with the latest taxplate to ensure appropriate financial plan. The tax structure undergoes periodic changes, affects individuals and companies. Easy tax simplifies the process by helping taxpayers understand these changes and helping back to free problems.
New income tax plate for 2025-26
The government has revised the tax plate to provide better benefits to taxpayers. Below is a breakdown:
For persons less than 60 years
Income up to ₹2,50,000 – No Tax
₹2,50,001 to ₹5,00,000 – 5%
₹5,00,001 to ₹10,00,000 – 20%
Above ₹10,00,000 – 30%
For Senior Citizens (60 to 80 Years)
Income up to ₹3,00,000 – No Tax
₹3,00,001 to ₹5,00,000 – 5%
₹5,00,001 to ₹10,00,000 – 20%
Above ₹10,00,000 – 30%
For Super Senior Citizens (Above 80 Years)
Income up to ₹5,00,000 – No Tax
₹5,00,001 to ₹10,00,000 – 20%
Above ₹10,00,000 – 30%
Major changes in the tax structure
Increased exemption limit: Taxpayers earning up to 7.00,000 can now qualify for exemption.
The standard deduction of £ 50,000 applies to officials.
High cuts under section 80c for investment in PPF, ELSS and EPF.
How to customize for new taxplate
Conduct your tax obligations: Compare the old and new taxpayers to decide which one suits you better.
Use discounts and cuts: Invest in tax -saving equipment such as PPF, NP and insurance.
Plan Investment with care: Think of taxable investments to reduce taxable income.
Use easier tax for submission: Make tax calculation simplified and submission with a user -friendly platform by making it easy.
FAQs
1. What should I choose to manage?
The alternative depends on income, deduction and investment. Simple taxes provide a comparison tool to make decisions.
2. Has the original exemption limit increased?
No, it is £ 2.50,000 for individuals and $ 3.00,000 for pensioners.
3. Is there any additional benefit to officials?
Yes, under both taxes, 50,000 standard deductions continue.
4. How can I reduce my tax liability?
It can help invest in tax -saved equipment such as ELSS, NP and insurance.
Easy taxes ensure that taxpayers are informed and obedient with the latest tax policy. Understanding the new taxplate will help with better financial decisions for the coming year.
