New Tax Regime No income tax up to ₹12 lakhs. Highest exemption limit in history of Indian Tax Structure Big Update on the New Tax Regime! The government has just rolled out an updated tax structure aimed at simplifying taxation and boosting savings. Here's the detailed breakdown of the new tax slabs: 🟢 0 - 4 Lakhs: NIL - No tax on income up to ₹4 lakhs! 🤑 🟡 4 to 8 Lakhs: 5% - A light tax for those in the ₹4 to ₹8 lakhs income bracket. 🔴 8 to 12 Lakhs: 10% - A fair rate for middle-income earners. 🔵 12 to 16 Lakhs: 15% - A slight increase for this income range. 🟣 16 to 20 Lakhs: 20% - Stepping up for higher earnings. 🟠 20 to 24 Lakhs: 25% - A new slab for those earning between ₹20 to ₹24 lakhs. 🌟 Above 24 Lakhs: 30% - The top rate for our highest earners. This new tax regime is designed to lighten the tax load, promote financial planning, and streamline the tax filing process. It's a forward-thinking move towards a more equitable tax system. What does this mean for you? More money in your pocket, a simpler tax process, and a clearer picture of your tax responsibilities. Let's welcome this change, save more, and invest wisely! 💼Invest in Startups ✨ No change on IT procedures which are still draconian ! Executive Summary https://caglobal.in/executive-summary-union-budget-2025-26 https://x.com/tarunagal/status/1885582185295732826