Starting April 1, 2025, changes in income tax slabs, UPI rules, and TDS thresholds will take effect. The highest tax rate of 30% applies to income above Rs 24 lakh. TDS thresholds for interest income have been increased. The Unified Pension Scheme begins and existing small savings scheme rates remain unchanged.
Starting April 1, 2025, changes in income tax slabs, UPI rules, and TDS thresholds will take effect. The highest tax rate of 30% applies to income above Rs 24 lakh. TDS thresholds for interest income have been increased. The Unified Pension Scheme begins and existing small savings scheme rates remain unchanged.