Income Tax Budget 2025 | Big Changes In IT Slabs Expected? What Is Direct Tax Code 2025? What Is Direct Tax Code 2025? | Income Tax In Budget 2025 | The Modi government is all set to announce its second full budget for the third term in power, and the country's middle class has high hopes. From insurance affordability to simplification of personal tax laws, Budget 2025 could empower the middle and lower income groups and reduce their burden with certain key reforms.