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No Income Tax on Income up to Rs.12 Lakhs|New income tax slab rate for F.Y. 2025-26(A.Y. 26-27)

Finance Minister Nirmala Sitharaman has announced a ZERO Income Tax slab for annual incomes up to ₹12 lakh under the new tax regime in Union Budget 2025! For salaried taxpayers, this limit goes up to ₹12.75 lakh with a standard deduction of ₹75,000. This move aims to ease the tax burden on the middle class, providing a much-needed boost to disposable incomes.
Budget 2025 | Income Tax Calculation | How To Calculate Income Tax | New Income Tax Slab Rates

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Resources and Links:
ITR Official Website - https://www.incometax.gov.in/iec/foportal/
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