February 1, 2025 12:44 PM
Tax booster for middle class: No income tax payable on income up to Rs 12 lakh
In a big boost to the Indian middle class, Finance Minister Nirmala Sitharaman on Saturday announced that there will be no income tax payable for incomes up to Rs 12 lakh, and Rs 12.75 lakh for salaried taxpayers (including standard deduction). In t...