Zero income tax up to an income of Rs 12 Lakh

No tax on Rs 12.75 lakh under new regime. Can you avoid tax on higher income?
With a standard deduction of Rs 75,000 under the new regime, salaried taxpayers earning up to Rs 12.75 lakh annually do not need to pay any tax. But what if you have a higher annual income, say Rs 13 lakh or more?
Income tax calculation on Rs 12.5 lakh for salaried as per new tax regime: Here's how you pay zero tax
Under the new regime, the tax liability for individuals earning Rs 12 lakh or Rs 12.75 lakh (for salaried persons) is Rs 60,000, which is completely waived due to the rebate. Hence, the resulting tax is nil.
New vs old income tax regime after Budget 2025: Post income tax slab changes, which tax regime is better for salaried middle class taxpayers?
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Budget 2025: Is the old tax regime on its way out as Sitharaman pushes new tax law?
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Budget 2025 | Modi’s gift to the middle class; no income tax up to Rs 12 lakh
Finance Minister Nirmala Sitharaman announced no income tax payable up to Rs 12 lakh under the new regime, offering significant relief to the middle class. The new tax slabs include 5% on Rs 4-8 lakh,
India Budget 2025: Zero Income Tax till ₹12 lakh income under new tax regime, announces FM Nirmala Sitharaman
Indian Finance Minister, Nirmala Sitharaman on Saturday (Feb 1) announced a major relief for the middle class in India with a special tax exemption for salaried individuals. As per the announcement, under the new tax regime,
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New income tax slabs, rates in new tax regime for FY2025-26: How much tax is saved at different income levels
Read this table to see how much tax you can save at different income levels ranging from Rs 9 lakh to Rs 2.4 crore.
Goodbye old tax regime; new regime now more attractive
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With no income tax burden for income levels up to Rs 12.75 lakh, a large section of salaried taxpayers stands to benefit.
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SEO Meta Description: Budget 2025-26 proposes new tax slab rates. Compare old vs new regime to see which offers better savings based on income and exemptions.
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