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TDS rate Chart form 1 April 2025 as per Budget 2025


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🚀 Budget 2025: Summary
The government’s focus in the budget is on development 📈...
Global growth slightly affected due to global tensions 🌍⚡️...
The budget emphasizes 10 key themes 🏗...
More focus on the development of the poor 🏡, women 👩‍💼, and youth 👨‍🎓...
Increased emphasis on rural development 🚜 and manufacturing 🏭...
More reforms to be introduced in the financial sector 💰...

🔹 Key Announcements:

✅ Dhan Dhanya Yojana 🌾 to be launched in 100 districts...
✅ Special 6-year mission for Tur, Urad, and Masoor dal 🌱...
✅ Makhana Board 🍘 to be set up in Bihar...
✅ Central agencies 🏢 to purchase pulses for 4 years...
✅ New schemes 🌱 for vegetable and fruit 🍏 production in collaboration with states...
✅ Development of the marine sector 🐟...
✅ Kisan Credit Card 💳 limit increased to ₹5 lakh...
✅ Urea plant 🏭 to be set up in Assam...
✅ India Post 📦 to be developed as a major logistics organization 🚚...
✅ Special credit card 💳 for small businesses...
✅ Self-reliance in edible oils 🛢...
✅ Special schemes for footwear 👞 and leather 👜...
✅ India 🇮🇳 to become a global hub for toys 🧸...
✅ Special scheme for women from backward classes 👩‍👩‍👧‍👦...
✅ 22 lakh new jobs 🏢👷 to be created under the Leather Scheme...
✅ Launch of the National Manufacturing Mission 🏗...
✅ Increased emphasis on Indian languages 📖 in education...
✅ More IIT institutes 🎓 to be established...
✅ 75,000 new seats 🏥 in the medical field in the next 5 years...
✅ Special AI 🤖 research centers to be set up...
✅ Health insurance 🏥💊 scheme for small workers...
✅ UPI-linked card 💳 for small vendors...
✅ UPI-linked credit card limit set at ₹30,000 💰...
✅ Interest-free funds 🏗💵 for states to boost infrastructure development...
✅ ₹1 lakh crore fund 💰 announced for urban development 🏙...
✅ Increased focus on nuclear energy ⚛️ by 2047...
✅ Special scheme for nuclear energy ⚛️...
✅ Special scheme for the ship-breaking industry 🚢⚙️...
✅ More cities 🏙 to be connected under the ‘Udaan’ 🛫 scheme...
✅ New airport ✈️ to be constructed in Bihar...
✅ 40,000 housing units 🏡 to be built under the SWAMIH scheme...
✅ 52 new tourist destinations 🏝 to be developed in collaboration with states...
✅ New mining policy ⛏️ to be introduced...
✅ ₹20,000 crore investment 💰 in R&D 🔬 for the private sector...
✅ All government secondary schools 🏫 to be connected with broadband 🌐...
✅ New schemes to boost exports 📦...
✅ Buddha-related sites 🏯 to be developed...
✅ Special scheme for preserving Indian scripts 📜...
✅ Easier access to funds 💵 for export promotion...
✅ New Income Tax Bill 📜 to be introduced next week...
✅ 100% FDI limit 🌍 in the insurance sector 🏦...
✅ Simplification of RE-KYC process 📑...
✅ 100% FPI limit 📊 in the insurance sector...
✅ Custom duty removed 🚫💊 on 36 life-saving medicines...
✅ Changes in custom duty on electronic goods 📱...
✅ No primary duty on lead & zinc ⚒️...
✅ Duty removed 🚫 on crust leather 👜...
✅ New, simplified Income Tax law 🏦📜 to be introduced...
✅ TDS rates to be made simpler 📉...
✅ Major tax relief for senior citizens 👴👵...
✅ Tax exemption limit for senior citizens increased to ₹1 lakh 💰...
✅ TDS exemption limit on rent 🏠 increased to ₹6 lakh...
✅ No penalty 🚫 on delayed TCS payments...

🎉 Biggest Announcement:
💥 No tax on income up to ₹12 lakh! 💰🎊


To simplify this 12 lakh Nil tax issue :

➡️Suppose your income is upto 12 Lakhs

➡️You pay 0 for the first 4L

➡️From 4Lakh - 8Lakh i.e the next 4Lakh,
you pay 5% tax = 20,000.

➡️From 8Lakh - 12 lakh i.e. another 4Lakh,
you pay 10% tax = 40,000.

➡️Total Tax Payable= 60,000

➡️Standard Deduction rebate = 75,000.

So effectively , post rebate there is no tax for income upto 12 lakhs

All this is under the new tax regime


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FM exempts tax for income upto Rs. 12 lakhs.


FM announced 35 additional goods for EV battery manufacturing, and 28 additional goods for mobile phone battery manufacturing to be added to list of exempted capital goods.


The Textile stocks zoomed up to 9% after Finance Minister Nirmala Sitharaman announced a 5-year mission for cotton farmers in order to improve productivity.


Rationalisation of TDS, TCS, reducing compliance burden in income tax, says Sitharaman


Time to file tax returns extended from two years to four years!!


No Income Tax till Rs. 12 lakh!!🥰


Second Asset Monetisation Plan for 2025-2030 to be launched
The Finance Minister announced that the government will launch the second Asset Monetisation Plan for 2025-2030. The Plan is expected to plough back capital of Rs 10 lakh crore in new projects. Sitharaman added that regulations and fiscal measures will be fine-tuned to support the Asset Monetisation Plan


Govt will set up Rs 25,000-crore Maritime Development Fund
FM announces that the Govt will set up Rs 25,000-crore Maritime Development Fund for supporting and promoting competition. Govt will contribute 49% and rest to come from pvt sector


➡️Focus Product Scheme for Footwear & Leather Sectors is expected to facilitate employment for 22 lakh persons, turnover of ₹4 lakh crore and exports of over ₹ 1.1 lakh crore

➡️Scheme to Make India a Global Toys Hub; To create high-quality toys representing the #MadeInIndia brand


The Finance Minister has announced that a Makhana Board will be established in the state of Bihar for increasing production, processing and value addition of Makhana. The people engaged in Makhana cultivation will be organized in FPOs. This announcement is significant in view of Assembly Elections in Bihar later this year.

About 10 lakh people are directly or indirectly involved in Makhana cultivation and production process in Bihar, with the state accounting for about 85 per cent of the total Makhana production of the country. The Bihar government has been demanding measures from the Central government to promote Makhana cultivation. The state government had also demanded a declaration of the minimum support price of Makhana.


Government will launch the National Manufacturing Mission!!


The government will launch the National Manufacturing Mission covering small, medium, and large enterprises for furthering Make in India. Under this Mission, the government will assist with policy support, execution roadmaps, and governance and monitoring frameworks for central ministries and states.


Budget to focus on furthering Make In India, supporting MSMEs
Sitharaman says gareeb, youth, annadata and naari spurring agri growth and productivity,

Budget to focus on:

Furthering Make In India

Supporting MSMEs

Enabling employment led development

Investing in people economy and innovation

Securing energy supplies

Supporting exports

Nurturing innovation


Setting of 200 cancer centres in all districts under the investment engine!

20 ta oxirgi post ko‘rsatilgan.