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Karunakar CH

Stealth • 4h

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.

3 replies6 likes

Replies (3)

Havish Gupta

Stealth • 2h

so no taxes for people with Income under 12L!!?

1 replies

Anonymous 1

Stealth • 3h

good move by govt

0 replies1 like

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Mahendra Lochhab

Stealth • 4h

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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K Shreenathan Nedunghadi

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Hiral Jain

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Anonymous

Stealth • 3m

Is that really possible and globally countries will accept it or not ? 😨 0% Income tax and huge setback for businesses

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Vishu Bheda

Stealth • 8m

What's a scam that's so normalized that we don't even realize it's a scam anymore? Me- Taxes. Once you tax the income, why is there a tax again in the name of GST? Whatever the shop / company earns they can give it as income tax. This approach n

0 replies9 likes

Sanjay Srivastav. Footwear Designer

Stealth • 5h

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?

1 replies2 likes

Anonymous

Stealth • 2d

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