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As India enters the new financial year on April 1, 2025, taxpayers are set to experience significant relief following Union Finance Minister Nirmala Sitharaman's Budget 2025 announcements As India enters the new financial year on April 1, 2025, taxpayers are set to experience significant relief following Union Finance Minister Nirmala Sitharaman's Budget 2025 announcements As per the Budget 2025, salaried employees will have a tax-free income limit of Rs 12.75 lakh, including a Rs 75,000 standard deduction under the new tax regime.
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