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Marginal relief in income tax explained: Who it applies to and how it works under new vs old tax regime
According to the Union Budget for 2025-26, presented by Finance Minister Nirmala Sitharaman, starting from financial year 2026-27, there will be no income tax under the new regime on annual incomes of ...
Did our AI summary help? A small salary increase can sometimes cause confusion about income tax liability under the new tax regime. This is especially apparent when income exceeds the Rs 12 lakh ...
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