Do You Have to Pay 10% Tax If Your Income is up to 12 lakh?
01 Feb 2025 14:41 PM IST
Sitharaman's Budget 2025-26 proposes no income tax for earnings up to rs. 12 lakh, including tax rebates and reduced rates. The tax structure also includes exemptions for higher earners, saving the middle class up to Rs. 90,000. This move aims to stimulate household consumption, savings, and investment, benefiting India's middle-income