Zero tax up to Rs 12 lakh: Big relief, more money in your pocket
- Posted on February 2, 2025
- By Business News Today
- 4 Views
Zero tax up to Rs 12 lakh: Big relief, more money in your pocket
Finance Minister Nirmala Sitharaman's budget offers significant relief for those under the new tax regime, raising the basic exemption limit and providing more disposable income. Taxable income up to ₹12 lakh will see zero levy, expected to boost consumption and savings, thereby stimulating economic growth.