Question
As per the Finance Act 2025, what is the revised tax
rate for individuals opting for the new tax regime with income between ₹12 lakhs and ₹15 lakhs?Solution
(Assuming a progressive change for the 2025 budget). In the new tax regime as of recent trends, the slab ₹12 lakhs to ₹15 lakhs often attracts a 25% rate, while the old regime has a 20% rate for ₹5-10 lakhs. (Note: This is a sample question; the exact rate must be verified against the latest Finance Act).
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