No Income Tax on annual income upto Rs.12 lakh under New Tax Regime Limit to be Rs. 12.75 lakh for salaried tax payers, with standard deduction of Rs.75,000 Union budget 2025-26 brings across-the-board change in income tax slabs and rates to benefit all tax-payers Tax slab rate reduction and rebates to result in substantial tax … Continue reading No Income Tax on annual income upto Rs.12 lakh under New Tax Regime