Desh Videsh News.

Desh Videsh News.

Deshvidesh News

Giant Tax Relief For Middle Class: No Income Tax On Income Up To Rs 12 Lakh 

February 1, 2025 | by Deshvidesh News

Giant Tax Relief For Middle Class: No Income Tax On Income Up To Rs 12 Lakh

There will be no income tax payable up to Rs 12 lakh – i.e., up to Rs 12.75 lakh including standard deductions – under the new regime, Union Finance Minister Nirmala Sitharaman said Saturday as she read out the Union Budget 2025.

 

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