Latest income tax calculation post Budget 2025: Starting April 1, 2025, individuals earning up to Rs 12 lakh under the new income tax regime. However, those who earn above that level have salary ...

From April 1, 2025, there is zero tax payable on the taxable income up to Rs 12 lakh. This will happen if an individual opts for the new tax regime for FY 2025-26. However, it may happen that your net ...

This article was first uploaded on February one, twenty twenty-five, at fifty-four minutes past two in the afternoon.

Tax calculation: In Budget 2025, the Finance Minister announced that no income tax is payable up to an annual income of Rs 12 lakh, providing a tax rebate for individuals earning up to this amount.

The aggregate tax liability stands at Rs 1,75,000. Additionally, a 4% cess is applicable on this amount, which equals Rs 7,000. Consequently, the total tax payable amounts to Rs 1,82,000.Also Read | ...

Latest income tax calculation post Budget 2025: Starting April 1, 2025, individuals earning up to Rs 12 lakh in taxable ...

Taxpayers will be liable to pay zero income tax from April 1, 2025, if their income is up to ₹12 lakh per annum. Tax is calculated based on a series of slabs which are detailed as follows (Pixabay) ...