FM Sitharaman made annual income up to Rs 12 lakh tax-free and if the standard deduction of Rs 75000 is also included, then a total income of up to Rs 12.75 lakh will be tax-free. 

How Rs 12.75 lakh income be tax-free in the new regime? Calculation decoded

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

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.


Union budget 2025-26 vs. 2024-25, Know key changes, fiscal trends and sectoral insights.

The new tax slabs aim to provide relief to individuals earning up to Rs 12 lakh annually and the exemption limit is Rs 12.75 lakh for salaried individuals.

Budget 2025-26: Comparing old and new tax regimes for the middle class

Zero tax upto Rs 12 lakh income announcement helped the Modi Government to endorse the Budget 2025 as middle-class-friendly. 

Budget 2025-26: 13 key announcements that will provide relief to Middle Class in India

In a bid to boost medical tourism in the country, the FM announced, a ‘Heal in India’ campaign in partnership with the private sector.

FM announces duty exemption on 36 life-saving drugs, promotes medical tourism in union budget

While the Finance Minister made a plethora of announcements in agriculture, infrastructure, health, and education, it was income tax relief of up to Rs 12 lakh that grabbed everyone's attention.

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