Income Tax slabs 2025: No income tax payable on income up to ₹12 lakh, says Nirmala Sitharaman during Budget 2025

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, in New Delhi, on February 1. 2025.. (Representational image only)
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