MAXIMISING TAX SAVINGS
Income up to Rs,12 Lakh (Rs.12.75 Lakh for salaried individuals) will attract no income tax under New Regime
Income
Immense savings across all income groups (as per New Regime)
12 Lakh ₹80,000 (no income tax payable)
13 Lakh ₹25,000
16 Lakh ₹50,000
18 Lakh ₹70,000
20 Lakh ₹90,000
25 Lakh ₹1,10,000
Interest limit on TDS for senior citizens doubled to ₹1 Lakh, and the rent limit raised from 2.4 Lakh to ₹6 Lakh
