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According to the Union Budget 2025, in the new tax regime, taxpayers get income tax-free up to Rs 12.5 lakh. Which means that you do not need to pay any tax on income up to Rs 12 lakh.
With the introduction of several tax benefits announced by Finance Minister Nirmala Sitharaman in Budget 2025 under the new tax regime, married couples can strategically maximise their tax savings.