Budget 2025 Income Tax calculator explained: Save up to Rs 1.1 lakh! How income tax slab changes will benefit taxpayers at different salary levels under new regime

Budget 2025 income tax slab changes 2025-2026 explained: All income tax slabs and rate changes have been announced under the new income tax regime - and the biggest takeaway is that an individual earning Rs 12 lakh will have to now pay NIL or ZERO tax under the new regime. So, if you are a salaried taxpayer with income up to Rs 12.75 lakh, then including the Rs 75,000 standard deduction, your income tax outgo will be 0!

Budget 2025 Income Tax calculator explained: Save up to Rs 1.1 lakh! How income tax slab changes will benefit taxpayers at different salary levels under new regime

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Budget 2025 income tax slab changes 2025-2026 explained: All income tax slabs and rate changes have been announced under the new income tax regime - and the biggest takeaway is that an individual earning Rs 12 lakh will have to now pay NIL or ZERO tax under the new regime. So, if you are a salaried taxpayer with income up to Rs 12.75 lakh, then including the Rs 75,000 standard deduction, your income tax outgo will be 0!