Скачать или смотреть NIRMALA SITHARAMAN IS REDUCING INCOME TAX???

Nirmala Sitharaman might finally reduce income tax in 2025, but there’s a twist.

As you know, the general public isn’t very happy due to high taxes.

That’s why, in the 2025 budget, the government might reduce income tax for individuals earning up to ₹15 lakhs.

But here’s the thing—India currently has two tax regimes that you can choose from.

Under the old tax regime, if your income is ₹15 lakhs, you have to pay approximately ₹2,62,500 in taxes.

Meanwhile, under the new tax regime introduced in 2020, your tax liability is around ₹1,40,000.

However, in the old tax regime, you get tax relief on expenses like rent and insurance.

In the new tax regime, no such benefits are available.

And here’s the twist: you will only get this tax benefit if you fall under the new tax regime.

As of now, the government hasn’t made a final decision.

But what do you think about this?