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The Union Budget 2025, presented on February 1, 2025, has introduced several significant changes to the income tax structure, particularly focusing on providing relief to middle-income earners. One of the most talked-about changes is the tax exemption for individuals with an annual income of up to ₹12 lakhs under the new tax regime. However, this exemption does …

12 Lakh Income Tax Exemption, Marginal Relief, & Key Changes in Budget 2025 Read More »

The Union Budget 2025 has introduced groundbreaking changes to the income tax regime, with a focus on providing relief to middle-class taxpayers and simplifying the tax structure. One of the most talked-about proposals is the tax exemption for income up to ₹12 lakhs, which has been hailed as a game-changer for millions of taxpayers. However, this …

Budget 2025 Income Tax Reforms A Comprehensive Guide to the ₹12 Lakh Tax Exemption and Beyond Read More »