Union Budget 2025 Explained LIVE | FM Nirmala Sitharaman Speech | PM Modi’s Budget Speech Highlights
No Income Tax for incomes up to ₹12 lakh annually under the new regime.
Salaried Class: Tax exemption up to ₹12.75 lakh (including ₹75,000 standard deduction).
Revised Tax Slabs (FY 2025-26):
Income Range (₹ lakh) Tax Rate
0–4 0%
4–8 5%
8–12 10%
12–16 15%
16–20 20%
20–24 25%
Above 24 30%
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