• Nidhi Sinha
• Common Man
• Income Tax
• February 1, 2025
• 2 Comments

10 Things for Common Man in Union Budget 2025

Finance Minister Nirmala Sitharaman presented her 8th consecutive Union Budget on Saturday. Sitharaman announced a major rejig of tax slabs, providing long-awaited relief to the middle class. Let’s see what Union Budget 2025 has in it for the common man: 1. INCOME TAX People earning up to ₹12 lakh will not have to pay any income tax under the new tax regime.  Further, due to standard deduction of ₹75,000, individuals will not have to pay tax for income up to ₹12.75 lakh. Earlier, income up to ₹7 lakh was exempt from tax.…