income tax
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.
Budget 2025 income tax: With the proposed changes, NPTR will now become far more appealing for individuals as it would mean availing beneficial tax rates and no tax declaration or providing/ maintaining tax deduction and exemption proofs.
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