Income Tax FY 2025-26 Assessment in New Regime
Tax Slab rates
Marginal relief in income tax is a benefit provided to taxpayers when their income slightly exceeds a tax-free limit, ensuring they don't pay an excessively high tax compared to their income increase. For FY 2025-26, the tax-free income limit is ₹12 lakh. If a taxpayer’s income exceeds this limit marginally, marginal relief reduces the tax burden to make it more reasonable.
Advance Income Tax Assessment for FY 2025-26
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