For Individuals (New Regime) ✅ ₹0 – ₹3 Lakh: No Tax ✅ ₹3 – ₹7 Lakh: 5% Tax ✅ ₹7 – ₹12 Lakh: 10% Tax ✅ ₹12 – ₹20 Lakh: 20% Tax ✅ ₹20 Lakh & Above: 30% Tax
Tax rebate increased up to ₹12 lakh income (No tax).
✅ Startups to claim 100 % tax deductions on profits for any three consecutive years
✅ Govt to enhance limit for interest subvention scheme for Kisan Credit Card from Rs 3 lakh to Rs 5 lakh
✅ The government allocated ₹90,959 crore for developing, maintaining and improving the country’s healthcare system.
📉 Cheaper Items: – Electric Vehicles (EVs) & Solar Panel – Locally Made Smartphones & Home Appliance