Various allowances within the new income tax regime can assist in reducing the taxable income to the Rs 12 lakh limit. Latest income tax calculation post Budget 2025: Starting April 1, 2025, individuals earning up to Rs 12 lakh in taxable income under the new income tax regime will not need to pay any tax….
Budget 2025 income tax: The total income till which marginal relief is available is near about Rs. 12,75,000/-. Latest income tax slabs 2025-26 post Budget 2025: Finance Minister Nirmala Sitharaman announced ZERO or NIL tax liability for individuals earning up to Rs 12 lakh in the Union Budget 2025 under the new income tax regime….
FM Nirmala Sitharaman also announced that she will be tabling the New Income Tax Bill in Parliament next week. Budget 2025 income tax slab changes 2025-2026 explained: In a big cheer for the salaried middle class taxpayers, FM Nirmala Sitharaman announced sweeping changes to the income tax slabs and income tax rates under the new…
