2025 Tax Reforms India
2 min read
November 8, 2025 by Team Instabizfilings
In the new tax regime, exemption (rebate) has been raised to the level that individuals having an income of ?12 lakh (?12,00,000) per annum need not pay any tax. For salaried taxpayers, because of a base deduction of ?75,000, the effective threshold becomes ?12.75 lakh.