Zero income tax up to an income of Rs 12 Lakh

Tax-Budget 2025: Tweaks in New Tax Regime - How much more you will earn in FY26 vs FY25 if your salary is Rs 12 lakh/year?
Notably, the Finance Minister has raised the tax-free income threshold to Rs 12 lakh, translating to Rs 12.75 lakh for salaried individuals after considering the standard deduction. A key highlight this Budget for middle-class and salaried taxpayers is the exemption of income tax for those earning up to Rs 12 lakh (or Rs 12.
New vs old income tax regime after Budget 2025: Post income tax slab changes, which tax regime is better for salaried middle class taxpayers?
Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant income tax relief for the midd
Old tax regime: Time to let go after Budget 2025 changes?
Many taxpayers preferred the old tax regime because it allowed them to claim deductions for expenses like house rent, home loan interest, etc but they might reconsider following the announcements in Budget 2025.
Budget 2025: Tax deductions, exemptions under New Tax Regime and Old Tax Regime for FY2025-26
In Budget 2025, the government opted not to modify the existing tax regime or introduce any new deductions. Finance Minister Nirmala Sitharaman instead made adjustments to the slabs, rates, and rebates within the new regime.
Union Budget 2025 | Income tax slabs revised: Should you switch to new tax regime?
The government’s latest tax overhaul of income tax slabs in Budget 2025 is aimed at introducing a more streamlined tax system, providing relief to the harried middle-class salaried taxpayer. But does this necessarily mean better savings for taxpayers?
Budget 2025 Income Tax Slab: Tax Slab under New Regime for AY 2025-26; Check All Details Here!
Learn about the new and old tax regimes, including tax rates and surcharges applicable to various income levels.
Effects of Budget 2025: Comparing benefits of Old and New Tax Regimes for salaried taxpayers
The NDA government has implemented a range of incentives lately to promote the acceptance of the new tax regime. However, the government says it has no plans to phase out the Old Tax Regime offering more deductions and exemptions.
Budget 2025: New tax regime vs. old tax regime – which one should you now opt for?
Finance Minister Nirmala Sitharaman announced the new tax slabs under the new tax regime, thus offering tax saving for taxpayers. There will no income tax for salaried taxpayers earning upto ₹12.75 lakh a year.
Budget 2025 new vs old income tax regime: Will FM Sitharaman do away with the old regime soon? Experts weigh in
Most personal tax experts are of the view that the government will phase out the old income tax regime in the com
Budget 2025: New Tax Slab Vs Old Tax Slab - New Tax Regime Simplified | What Is The 87A Rebate?
Budget 2025: New Tax Slab Vs Old Tax Slab - New Tax Regime Simplified | What Is The 87A Rebate? Copyright © Network18 Media & Investments Limited. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.
Budget 2025: Is the old tax regime on its way out as Sitharaman pushes new tax law?
The government’s move to propose a new income tax law has reignited discussions, especially since no relief was announced for taxpayers under the old regime, while the new regime saw significant revisions.
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