Budget 2025: No Income Tax Payable on Income Up to Rs 12 Lakh Under New Tax Regime #budget

Budget 2025: No Income Tax Payable on Income Up to Rs 12 Lakh Under New Tax Regime #budget In the 2025 Union Budget, Finance Minister Nirmala Sitharaman announced that individuals earning up to ₹12 lakh annually will be exempt from income tax under the new tax regime. This move aims to provide significant relief to the middle class and boost ...