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Income Tax Slabs FY 2025-26 explained: 20 FAQs individual taxpayers should check to understand tax rates, income tax benefit under new tax regime

IndiaTimes Thursday, 6 February 2025 ()
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 tax. A standard deduction of Rs 75,000 for salaried individuals raises this exemption limit to Rs 12.75 lakh. Additionally, reduced tax rates and marginal relief aid those earning slightly above Rs 12 lakh, ensuring lower tax liabilities.
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News video: Budget 2025: 12 लाख तक की Income Tax Free होने के बाद क्या Old Tax Regime खत्म

Budget 2025: 12 लाख तक की Income Tax Free होने के बाद क्या Old Tax Regime खत्म  03:29

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