
In Budget 2025, Finance Minister Nirmala Sitharaman introduced a groundbreaking tax reform aimed at benefiting the middle class and salaried individuals. The new tax regime offers zero tax up to ₹12 lakh, alongside simplified slabs that could save you up to ₹1 lakh in taxes. Shalini Jain, Tax Partner, EY, breaks down the key announcements, comparing the new tax slabs with the old, and shows you how much you can save based on your income level.
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