₹12 Lakh Tax Rebate Explained: How Much Will You Pay If You Earn More?

income tax budget 2025

Income Tax Budget 2025 Income Tax Budget 2025: The Finance Minister has introduced substantial savings for individuals earning above ₹15 lakh by significantly reducing tax rates for incomes between ₹15 lakh and ₹24 lakh. The income tax rebate limit from ₹7 lakh to ₹12 lakh, effectively ensuring that individuals earning up to ₹12 lakh will … Read more