Following the major announcement in Budget 2025 by the Finance Minister—Zero Tax up to ₹12 lakh annual income—let’s explore the revised tax slabs and the benefits for individuals across different income levels.
| Taxable Income (₹) | Total Savings (₹) (Including Surcharge & Cess) |
|---|
| 7,00,000 | No additional benefit |
| 10,00,000 | 52,000 |
| 12,00,000 | 83,200 |
| 20,00,000 | 93,600 |
| 27,00,000 | 1,14,400 |
| 55,00,000 | 1,25,840 |
| 1,25,00,000 | 1,31,560 |
| 2,50,00,000 | 1,43,000 |