New Tax Slabs Unveiled: Major Relief for Middle Class with No Tax on Incomes Up to ₹12 Lakh

new tax slab

On February 1, 2025, Finance Minister Nirmala Sitharaman unveiled the new income tax slabs in the Union Budget for the fiscal year 2025-26, marking a significant shift aimed at providing relief to taxpayers across various income brackets. Here’s a detailed report on the new tax slabs, their implications for common people, and their broader economic … Read more