Individuals can save up to Rs 1.10 lakh in taxes as Budget rejigs I-T slabs under new regime
- Posted on February 1, 2025
- By Business News Today
- 3 Views
Individuals can save up to Rs 1.10 lakh in taxes as Budget rejigs I-T slabs under new regime
Finance Minister Nirmala Sitharaman has announced significant income tax relief measures in the Budget for 2025-26. Individuals earning up to Rs 12 lakh per annum will be exempt from income tax, while those with annual incomes above Rs 24 lakh can save up to Rs 1.10 lakh.
