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 lakhA.
B. ₹8 to ₹12 lakhB.
C. ₹16 to ₹20 lakhC.
D. ₹12 to ₹16 lakhD.
Correct Answer: Bসঠিক উত্তর: B
Explanationব্যাখ্যা
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: