Zero income tax for 1 crore more Indians after Sitharaman's big Budget relief

Finance Minister Nirmala Sitharaman's recent Budget announcement has raised the income tax rebate threshold under Section 87A to Rs 12 lakh, providing significant relief for middle-class taxpayers. Now, resident individuals with a net taxable income up to Rs 12 lakh will pay zero income tax. This update benefits around 1 crore more salaried Indians.