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ITR filing with latest income tax slabs post Budget 2025: Will taxpayers with income below Rs 12 lakh have to file tax return?

Times of India LogoTimes of India1w ago

ITR filing with latest income tax slabs post Budget 2025: Will taxpayers with income below Rs 12 lakh have to file tax return? - Times of India

Quick Summary:

Income Tax Slabs FY 2025-26 after Budget 2025: Finance Minister Nirmala Sitharaman announced that taxpayers will not have to pay tax for income up to Rs 12 lakh from FY 2025-26.

The basic income exemption limit has been raised to Rs 4 lakh.

The important question in the minds of taxpayers is: do they still have to file their income tax returns if their income is below Rs 12 lakh?

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ITR filing with latest income tax slabs post Budget 2025: Will taxpayers with income below Rs 12 lakh have to file tax return? - Times of India (Picture 1)

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-17 @ 20:30:00 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 1332 words

Reading Time: 8 minutes read

Sentences: 50 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 26224045

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About Times of India

Times of India Logo

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 26 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

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  • URL: https://beamstart.com/news/itr-filing-with-latest-income-17397977701719

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