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How income tax upto 12 Lakh is Tax Free
Govt has increased tax rebate under sec 87A
NO INCOME TAX ON ANNUAL INCOME UPTO Rs. 12 LAKH UNDER NEW TAX REGIME
Limit to be Rs. 12.75 lakh for salaried taxpayers, with a standard deduction of Rs. 75,000
Union Budget 2025-26 brings across-the-board change in Income Tax Slabs and rates to benefit all tax-payers
Tax slab rate reduction and rebates to result in substantial tax relief to middle class, thereby boosting household consumption expenditure and investment
