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Here are the latest slabs and rates of income tax under the new tax regime for the financial year 2025. Latest Income Tax Slabs, Rates In Budget 2025: As widely expected, Finance Minister Nirmala Sitharaman on Saturday announced huge income tax relaxations in the first full Budget of the Modi 3.0 government.Income up to Rs 12 lakh of normal income, other than capital gains income, is tax free
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