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Under the new income tax regime announced in Union Budget 2025-26, individuals with income upto how much will pay zero income tax?

  1. A
    Rs. 7 lakh
  2. B
    Rs. 10 lakh
  3. C
    Rs. 12 lakh
  4. D
    Rs. 15 lakh

Solution & Step-by-step Explanation

In the Union Budget 2025-26, presented by Finance Minister Nirmala Sitharaman, the tax slabs and Section 87A rebate were significantly revised under the new tax regime. Taxpayers with a net taxable income up to Rs. 12 lakh will pay zero income tax.

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Under the new income tax regime announced in Union Budget 2025-26, individuals with income upto how much will pay zero income tax?
A
Rs. 7 lakh
B
Rs. 10 lakh
C
Rs. 12 lakh
D
Rs. 15 lakh

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