💨 Abstract
The Indian government has increased the tax rebate to Rs 12 lakh per annum in the 2025-26 Budget, which will enable an additional 1 crore people to pay no income tax. This tax rebate is part of the government's effort to put "substantial amount of money" in people's hands by rejigging the I-T slabs.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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