Income Tax and Investment 2025-26 New Tax Regime Zero Income Tax Formula by abc Publication (Highlights of Budget 2025)

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Description

The “ABC of Income Tax & Investment” (March 2026 edition) by ABC Publication provides an in-depth analysis of the latest tax reforms for Financial Year 2025-26 & Assessment Year 2026-27.

Key Highlights of Budget 2025:

Zero tax for income up to ₹12 lakh
TDS threshold limit increased
Updated ITR filing allowed for 4 years

New Tax Regime – Zero Income Tax Formula:

  • Employee: Salary up to ₹1.1 lakh p.m.
  • Retailer: Turnover up to ₹2 Cr.
  • Pensioner: Pension up to ₹1 Lakh p.m.
  • Professional: Annual receipts up to ₹24 lakh
  • Transporter: Up to 8 trucks

A must-read for taxpayers, investors, and financial planners to stay updated on India’s evolving tax landscape.

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