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Union Budget 2025 Personal Tax Bonanza: No Income Tax For Those Earning Up to ₹12 Lakh

Video Credit: Oneindia - Duration: 03:13s - Published
Union Budget 2025 Personal Tax Bonanza: No Income Tax For Those Earning Up to ₹12 Lakh

Union Budget 2025 Personal Tax Bonanza: No Income Tax For Those Earning Up to ₹12 Lakh

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.

The government also introduced revised tax slabs and additional deductions to further ease the tax burden.

This landmark decision is expected to have a significant impact on salaried employees, small business owners, and self-employed professionals, reshaping India's tax landscape.

#Budget2025 #UnionBudget2025 #IncomeTax2025 #Budget2025Live #BudgetForFarmers #BudgetForWomen #BudgetImpact #RailwayBudget2025 #StockMarketBudget #NirmalaSitharaman #BudgetNews #GoldPricesBudget #SalariedEmployeesBudget #TaxChanges2025 #EconomicGrowth Also Read Union Budget 2025: Full List Of What's Costlier, What's Cheaper :: https://www.oneindia.com/business/union-budget-2025-full-list-of-whats-costlier-whats-cheaper-4059353.html?ref=DMDesc Budget 2025: India To Create 5 Indigenous Small Nuclear Reactors By 2033 :: https://www.oneindia.com/business/budget-2025-india-to-create-5-indigenous-small-nuclear-reactors-by-2033-4059347.html?ref=DMDesc Income Tax Slabs Budget 2025: No Tax For Individuals Earning Up To Rs 12 Lakh :: https://www.oneindia.com/india/income-tax-slabs-budget-2025-no-income-tax-till-12-lakhs-4059337.html?ref=DMDesc ~HT.97~PR.152~ED.102~GR.125~


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Union budget of India Union budget of India Annual budget of the Republic of India


Nirmala Sitharaman Nirmala Sitharaman Indian economist and politician (born 1959)

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Finance Minister Nirmala Sitharaman presented the Union Budget 2025, packed with key highlights aimed at fostering economic growth and social welfare. The budget focuses on providing significant relief to the middle class, including income tax exemptions and increased deductions. A standout feature is the duty exemption on essential medicines, which will lower healthcare costs for citizens. The government also announced measures to boost infrastructure development, enhance digital connectivity, and promote green energy. The FM emphasized that this budget is designed to create a more inclusive, resilient, and self-reliant India, aligning with the vision of a "Viksit Bharat." #Budget2025Live #UnionBudget2025 #NirmalaSitharaman #IncomeTaxBudget2025 #Budget2025India #BudgetSessionLive #Budget2025Expectations #BudgetNewsLive #BudgetSpeech2025 #2025BudgetHighlights #BudgetForFarmers #RailwayBudget2025 #TaxRelief2025 #EconomicGrowth #FinanceMinister ~HT.318~ED.85~PR.152~GR.124~

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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 strong emphasis on empowering youth through job creation, skill development, and entrepreneurship initiatives. Women’s welfare remains a key pillar, with increased allocations for financial inclusion, healthcare, and self-help groups under the ‘Nari Shakti’ initiative. With a balanced approach toward economic growth and social welfare, the budget aims to boost prosperity while ensuring inclusive development. #Budget2025Live #UnionBudget2025 #NirmalaSitharaman #IncomeTaxBudget2025 #Budget2025India #BudgetSessionLive #Budget2025Expectations #BudgetNewsLive #BudgetSpeech2025 #2025BudgetHighlights #BudgetForFarmers #RailwayBudget2025 #TaxRelief2025 #EconomicGrowth #FinanceMinister ~HT.318~ED.102~PR.152~GR.125~

Credit: Oneindia    Duration: 30:54Published

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