Zero income tax up to Rs 12 lakh is 'historic relief' for middle-class, says TDP

Zero income tax up to Rs 12 lakh is 'historic relief' for middle-class, says TDP https://www.taxtmi.com/news?id=32334 The Union Budget raises the tax-free threshold to Rs 12 lakh annually, aiming to increase disposable income and consumer spending and accompanied by a promised simpler, taxpayer-friendly income tax bill to simplify the tax code and reduce compliance complexity. en-us Sat, 01 Feb 2025 14:01:03 +0530 Sat, 01 Feb 2025 14:01:03 +0530 TaxTMI RSS Generator Zero income tax up to Rs 12 lakh is 'historic relief' for middle-class, says TDP https://www.taxtmi.com/news?id=32334 The Union Budget raises the tax-free threshold to Rs 12 lakh annually, aiming to increase disposable income and consumer spending and accompanied by a promised simpler, taxpayer-friendly income tax bill to simplify the tax code and reduce compliance complexity. News - Sat, 01 Feb 2025 14:01:03 +0530 https://www.taxtmi.com/news?id=32334