Union Budget 2025 and Your Money: Key Insights on Income Tax New Regime

Samriddhi Volume 13 Edition 01 by ABSLMF

The Union Budget 2025 presents a significant shift for taxpayers and investors with major updates to the Income Tax New Regime 2025 and broader reforms aimed at simplifying the tax system in India. With a clear focus on uplifting the middle class, encouraging consumption, and strengthening the agricultural sector, the budget outlines a framework designed to drive sustainable economic growth.

The revised New Income Tax Slab 2025 raises the basic exemption limit, offering more tax-free income and improved disposable income. This change is expected to enhance compliance, as the new structure reduces complexity by trimming down legal clauses and simplifying calculations. The intent is to create a more accessible tax environment that benefits a wider section of the population.

Choosing between the Old Tax Regime India 2025 and vs New Tax Regime India 2025 depends on an individual’s income structure and eligible deductions. While the old regime supports those utilizing exemptions like ELSS and National Pension System (NPS), the new regime favors those who prefer a flat, deduction-free structure.

To support informed decision-making, a range of tools like the Union Budget 2025 Income Tax Calculator, Income Tax New Regime Calculator 2025, and Tax Regime Calculator 2025-26 are now crucial. These tools help taxpayers estimate their liabilities accurately and plan better, in line with the updated tax norms.

The budget also underscores the importance of financial discipline and diversified investing. Mutual Funds, particularly hybrid options like Balanced Advantage Funds (BAF) and Multi-Asset Funds, are gaining attention for their potential to balance returns and reduce risk. Systematic Investment Plans (SIPs) continue to be a preferred route for long-term wealth creation, offering the flexibility to invest regularly across asset classes such as equity, debt, gold, and real estate.

Additional updates, such as simplified Central KYC processes, higher TDS thresholds, and relaxed filing timelines, enhance overall tax compliance and ease of access. The budget's emphasis on domestic growth through the Aatmanirbhar Bharat initiative and focus on consumption-led industries shows a clear direction toward long-term stability.

Key Insights:
• The Income Tax New Regime 2025 simplifies tax laws, making filing easier and faster.
• Higher exemption limits offer relief, especially to middle-class taxpayers.
• Legal simplification through the New Income Tax Bill 2025 India supports better understanding and compliance.
• The updated tax slabs favor those with fewer deductions, making planning more predictable.
• Investment themes like SIP, asset diversification, and tax-efficient mutual funds are central to wealth building.
• Enhanced compliance measures and extended deadlines make the system more user-friendly.

Takeaways:
• The New Tax Regime Slab 2025 promotes a cleaner, more transparent tax framework.
• Choosing between the Old Tax Regime India 2025 and vs New Tax Regime India 2025 should be based on individual savings and goals.
• Tools like the Income Tax Calculator India 2025 are essential for smarter financial planning.
• Balanced asset allocation can reduce risk and improve long-term outcomes.
• Staying consistent with SIP and revisiting your investment strategy is key to building wealth.
• The budget supports consumption and income growth, especially for the middle class.

Why Download This Edition eBook?
• Understand how Union Budget 2025 impacts your taxes and investments.
• Get clarity on the simplified filing process under the New Income Tax Bill 2025, India.
• Learn expert-backed strategies for asset allocation and portfolio management.
• Follow practical steps to start building long-term wealth and work toward your first crore.
• Stay informed on updates like exemption changes, TDS thresholds, and Virtual Digital Assets (VDA) rules.
• Make confident financial decisions with clear explanations of tax reliefs and investment incentives.

Download Union Budget 2025 and Your Money | Samriddhi Volume 13 Edition 01 and take charge of your financial future!

Disclaimer:
The Tax calculation shown above is for illustration purpose and general information only. Amount(s) mentioned above may undergo a change if assumptions specified herein do not hold good. Investors are advised to read the scheme information document of the scheme carefully before investing and consult their Tax Consultant or Financial Advisor to determine tax benefits applicable to them.

An Investor education and Awareness initiative of Aditya Birla Sun Life Mutual Fund All investors have to go through a one-time KYC (Know Your Customer) process. Investors to invest only with SEBI registered Mutual Funds. For further information on KYC, list of SEBI registered Mutual Funds and redressal of complaints including details about SEBI SCORES portal, visit link : https://mutualfund.adityabirlacapital.com/Investor-Education/education/kyc-and-redressal for further details.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully म्यूचुअल फंड निवेश बाज़ार जोखिम के अधीन हैं, योजना संबंधी सभी दस्तावेज़ों को सावधानी से पढ़ें।