Stock Yaari
February 1, 2025 at 12:56 PM
*#budgetsession2025: No Tax on Income Up to ₹12 Lakhs* Wondering how? Let’s break it down: ✅ Income: ₹12 Lakhs 🔹 First ₹4L → ₹0 Tax 🔹 Next ₹4L (₹4L-₹8L) → 5% = ₹20,000 🔹 Next ₹4L (₹8L-₹12L) → 10% = ₹40,000 💵 Total Tax = ₹60,000 → after tax rebate → Total tax = ₹0 Tax! But wait! There's a Standard Deduction of ₹75,000 🏆 So if income is ₹12.75 Lakhs → after deduction → taxable income = ₹12 lakhs → ₹0 Tax! *Yes, you read that right! Income up to ₹12.75L = ₹0 Tax!*😍 #incometax #budget2025

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