Q. What is the revised income tax rebate limit under the new tax regime announced in Union Budget 2025-26?
✅ Correct Answer: (C)
₹12 lakh
Explanation: The Budget announced that individuals with taxable income up to ₹12 lakh under the new tax regime can effectively pay no income tax due to the rebate.
Explanation by: Mr. Dubey
The Budget announced that individuals with taxable income up to ₹12 lakh under the new tax regime can effectively pay no income tax due to the rebate.