Latest income tax slabs 2025-26: How much tax do individuals earning slightly above Rs 12 lakh have to pay? Marginal relief calculations explained – The Times of India

Budget 2025 income tax: The total income till which marginal relief is available is near about Rs. 12,75,000/-. Latest income tax slabs 2025-26 post Budget 2025: Finance Minister Nirmala Sitharaman announced ZERO or NIL tax liability for individuals earning up to Rs 12 lakh in the Union Budget 2025. For salaried individuals, including the standard…

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