Budget 2025: Zero Income Tax till ₹12 Lakh Income under New Tax Regime -Slabs and rates being changed across the board to benefit all tax-payers -New structure to substantially reduce taxes of middle class and leave more money in their hands, boosting household consumption, savings and investment -‘Nil tax’ slab up to ₹12.00 lakh (₹12.75 lakh for salaried tax payers with standard deduction of ₹75,000)