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Economy & Business · Question 69 of 80

Question 69

EasyOriginal question

Up to what annual income is no income tax payable under the new regime, as announced in the Budget 2025-26?

Options for question 69

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. No income tax is payable up to ₹12 lakh (₹12.75 lakh for the salaried).

  2. The earlier rebate limit under the new regime was ₹7 lakh.

Concept
Budget 2025-26 income tax
Typical time
40 s
Your time
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Ten questions from Economy & Business, at your own pace.

Written from
pib.gov.in
Practise this chapter →

Ten questions from Economy & Business, at your own pace.