Question
As per Union Budget 2025-26, under the new tax regime,
up to what annual income is an individual exempt from paying any income tax?Solution
In the Union Budget 2025-26, the government raised the income tax exemption limit under the new tax regime to ₹12 lakh (₹12.75 lakh for salaried individuals due to a ₹75,000 standard deduction). This move aims to boost disposable income and consumption.
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