01/02/2025
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
Read here: pib.gov.in/PressReleasePa…
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