As per the Union Budget 2025-26, Finance Minister Nirmala Sitharaman announced that individuals earning up to ₹12 lakh would be exempt from income tax under the new regime. With the new income tax regime, which of the following income slabs has a tax rate of 10%?

Practice MCQ for SSC, UPSC, RRB Exams

A. ₹4 to ₹8 lakh A.
B. ₹8 to ₹12 lakh B.
C. ₹16 to ₹20 lakh C.
D. ₹12 to ₹16 lakh D.

Correct Answer: B সঠিক উত্তর: B

Explanation ব্যাখ্যা

Finance Minister Nirmala Sitharaman announced that individuals earning up to ₹12 lakh would be exempt from income tax under the new regime.
With the standard deduction of ₹75,000, individuals can earn up to ₹12.75 lakh without incurring any income tax liability.
The new tax regime introduces revised income tax slabs:
  • Up to ₹4 lakh: No tax
  • ₹4 to ₹8 lakh: 5% tax
  • ₹8 to ₹12 lakh: 10% tax
  • ₹12 to ₹16 lakh: 15% tax
  • ₹16 to ₹20 lakh: 20% tax
  • ₹20 to ₹24 lakh: 25% tax
  • Above ₹24 lakh: 30% tax
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