Budget 2025: Taxpayers to save Rs 35,000-Rs 1.1 lakh after tax slab revision

This Union Budget has been a Diwali come early for taxpayers. Today, the Indian government proposed a revised new tax regime that aims to reduce the tax burden by 25 per cent to 100 per cent for incomes up to Rs 24 lakh. Here are the revised tax slabs: Tax slabs (existing) Tax rate Tax slabs (Proposed) Tax rate Up to Rs 3 lakh 0% Up to Rs 4 lakh 0% Rs 3-7 lakh 5% Rs 4-8 lakh 5% Rs 7-10 lakh 10% Rs 8-12 lakh 10% Rs 10-12 lakh 15% Rs 12-16 lakh 15% Rs 12-15 lakh 20% Rs 16-20 lakh 20% Above Rs 15 lakh 30% Rs 20-24 lakh 25% Above Rs 24 lakh 30% Who will benefit? Taxpayers