Income Tax: Earning Above Rs 12 Lakh? Know Your Relief, Latest Slabs, Rates | Budget 2025
It is important to know that the income above Rs 12 lakh is tax free due to the rebate under Section 87A of the Income Tax Act, 1961. Those earning above Rs 12 lakh also stands to benefitted due to the revised slabs and rates.
It is important to know that the income above Rs 12 lakh is tax free due to the rebate under Section 87A of the Income Tax Act, 1961. Those earning above Rs 12 lakh also stands to benefitted due to the revised slabs and rates.
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Subhashree
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