The Hon'ble Finance Minister Ms. Nirmala Sitharaman
presented the Finance Bill, 2025 (the Finance
Bill) on February 01, 2025 in the Parliament. We are
enumerating key policy initiatives and changes under the specified
Indirect and Direct Tax Laws.
DIRECT TAX
1. Changes in Tax Slabs:
Tax slabs for Individual, HUF, AOP, BOI, artificial
juridical person under the New Tax Regime for AY
2026-2027
It is proposed that the following tax rates will be applicable
under the New Tax regime for Individual, HUF, AOP, BOI, artificial
juridical person, which are as under:
| Total Income |
Rate of Tax |
| Upto Rs. 4,00,000 |
Nil |
| From Rs. 4,00,000 – Rs.
8,00,000 |
5 percent |
