Latest income tax slabs 2025-26: How much tax do individuals earning slightly above Rs 12 lakh have to pay? Marginal relief calculations explained
Tuesday, 4 February 2025 Latest income tax slabs 2025-26 post Budget 2025: Finance Minister Nirmala Sitharaman announced zero tax for individuals earning up to Rs 12 lakh in Budget 2025, with marginal relief for those slightly above. For incomes up to nearly Rs 12.75 lakh, tax liability is minimized through calculated relief, ensuring fair treatment for higher earners.
In a major relief for taxpayers, Finance Minister Nirmala Sitharaman announced that individuals earning up to ₹12 lakh annually will now be exempt from paying income tax. This unprecedented move aims to boost disposable income, drive consumption, and provide financial relief to the middle class....
With tax season in full swing, scammers are working overtime to steal personal information and your refunds at every stage of the tax filing process, even attempting to file fraudulent returns in your..
Finance Minister Nirmala Sitharaman concluded the Union Budget 2025 speech with a major announcement on income tax relief, offering significant benefits to middle-class taxpayers. The budget places a..
Latest Income Tax Slabs FY 2025-26 after Budget 2025: In the new tax regime for FY 2025-26, individuals earning up to Rs 12 lakh are exempt from paying income... IndiaTimes