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Karunakar

1% Better • 6m

Revised Income Tax Slabs under the New Regime (FY 2025-26): Annual Income (₹) Tax Rate 0 – 1,200,000 = 0% 1,200,001 – 1,500,000 = 5% 1,500,001 – 2,000,000 =10% 2,000,001 – 2,500,000 =15% 2,500,001 – 3,000,000 =20% Above 3,000,000 =30% These adjustments effectively raise the tax exemption limit to ₹1.2 million, providing substantial relief to taxpayers. Key Highlights: Increased Disposable Income: The revised tax slabs are designed to enhance the spending power of the middle class, thereby stimulating economic growth. Economic Growth Focus: The budget emphasizes inclusive development and encourages private investment to bolster the economy. These reforms are part of the government's broader strategy to invigorate the economy by increasing consumer spending and attracting private investments.

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Mahendra Lochhab

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New Tax slab: 0-4L-0% 4-8L-5% 8-12L-10% 12-16L-15% 16-20L-20% 20-24L-25% 24L+30% People with income up to 12L will pay 0% income tax.

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Hiral Jain

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Sanjay Srivastav. Footwear Designer

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If your income is 12L, You pay 0 for the first 4L. From 4L - 8L i.e. next 4L, you pay 5% = 20,000. From 8L - 12 i.e. another 4L, you pay 10% = 40,000. Total Tax Payable= 60,000. Standard Deduction -75,000. So NO TAX FOR INCOME UP TO 12L. Get it?

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