New Income Tax Regime 2025? Elaborate How Income Tax will be Zero on Income of 1275000
In the Union Budget presented on February 1, 2025, the Indian government introduced significant changes to the income tax structure under the new tax regime, aiming to provide relief to middle-class taxpayers and stimulate economic growth. Revised Income Tax Slabs for FY 2025-26: Up to ₹3,00,000: No tax ₹3,00,001 to ₹7,00,000: 5% ₹7,00,001 to ₹10,00,000:...
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