Budget 2025 updates tax slabs under section 115BAC, offering zero tax up to ₹12 lakh income with rebate and marginal relief. Old regime remains ...

While filling out your ITR, usually ITR 1 or ITR 2, you'll see a question asking whether you wish to opt out of the new tax regime under section 115BAC (6). You just need to tick 'Yes' or 'No'.

Here’s the latest on what’s in the bill. There could be changes as lawmakers negotiate. Tax cuts are the priority Political Points Get the latest politics news from North Texas and beyond.