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Budget 2025: No income tax payable on income up to Rs 12 lakh

Budget 2025: No income tax payable on income up to Rs 12 lakh

by AIP Online Bureau | Feb 1, 2025 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy

Finance Minister Nirmala Sitharaman In the new tax regime, the revised tax rate structure is Rs 0-4 lakh (zero tax), Rs 4-8 lakh (5 per cent), Rs 8-12 lakh (10 per cent), Rs 12-16 lakh (15 per cent), Rs 16-20 lakh (20 per cent), Rs 20-24 lakh (25 per cent), and above...

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