Income tax slab -

No tax on up to ₹ 12 lakh income but why slabs?

IndoAffilBlogApril 7, 202507 mins

On February 1, 2025, In Her 74-Minute Union Budget Speech, Finance Minister Nirmala Sitharaman said there will be no tax on income up to ₹ 12,00,000 per annum, under the new tax Regime. Factoring in Standard deduction of ₹ 75,000, this Limit would be extended to ₹ 12,75,000 per annum for salaried taxpayers. On top…

Union Budget 2025: No Income Tax Payable For Income Up to ₹ 12 Lakh Under New Tax Regime, Says Nirmala Sitharaman

IndoAffilBlogFebruary 15, 202507 mins

Govt. Proposes Nil Tax on Income Up to ₹ 12 Lakh Per Annum Under New Tax Regime, Finance Minister Nirmala Sitharaman Said in Her Union Budget 2025 Speech in the Parliament, Ins New Delhi Mage only) With an objective to boost household consumption and Aggregate Demand, Finance Minister Nirmala Sitharaman Announced on Saturday that Income…