Finances 2025: Taxpayers with earnings of as much as Rs 13.25 lakh, not Rs 12 lakh, pays nil taxes. Right here’s how

Finances 2025: Taxpayers with earnings of as much as Rs 13.25 lakh, not Rs 12 lakh, pays nil taxes. Right here’s how

By claiming two deductions, a person with a gross wage of Rs 13,25,000 can deliver their web taxable earnings right down to Rs 12 lakh, making them eligible for the complete tax rebate beneath Part 87A learn extra In her Finances 2025 presentation speech on the Parliament on Saturday (February 1), Finance Minister Nirmala Sitharaman…

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