Ever since the announcement of revised tax slabs and rates under the new tax regime for FY 2025-26, there has been a lot of confusion about tax on incomes slightly above Rs 12 lakh. For example, what happens when a person is earning Rs 12.1 lakh or Rs 12.5 lakh? Our Partner (Head – Taxation) S R Patnaik shares his views on this in an article published by Business Standard. (Photo Credit: Business Standard)
