There will be no tax on taxable income up to Rs 12 lakh and those earning a little more than Rs 12 lakh will get the benefit of marginal relief.

Income up to Rs 12 lakh gets tax-free, but what’s the tax on Rs 12.01 lakh? Here's everything you need to know

By bringing down their tax liability to nil, FM Sitharaman unveiled the bonanza at a time when they least expected it, however, these changes are applicable only to the New Tax Regime.

Union Budget 2025: No tax up to Rs 12 lakh, Know how it benefits you

From Jairam Ramesh to KC Venugopal, top Congress leaders slammed the Budget and called it a "mundane document with minor tinkering" which will do nothing to revive India’s tottering economy.

Congress targets union budget, calls it poll-related gimmicks

FAQs and their answers are shared by the government, which aim to clear the doubts in the minds of taxpayers.

Union budget: Everything you need to know as government clarifies new income tax slabs

According to the financial minister, the government will forego ₹1 lakh crore from direct taxes and an additional ₹2,600 crore from indirect taxes.

Union Budget 2025, Know how much will the tax cuts cost the Indian government

Along with making income up to Rs 12 lakh tax-free, the government has retained the Rs 75,000 standard deduction.

Income Tax 2025 explainer: Zero tax on income up to Rs 12 lakh, know how much you can save?

As per the union budget 2025-26, the allocation to the railways sector has remained unchanged for the railways sector at Rs 2.55 lakh crore for financial year 2026.

Union Budget 2025 update: Railway stocks drop up to 7% after FM’s budget speech

The Union Budget 2025 brings significant relief to taxpayers, with the income tax exception limit increased from ₹7 lakh in 2024 to ₹12 lakh, providing a substantial boost to disposable income.


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