One of the key highlights of Budget 2025 is that individuals earning up to Rs 12 lakh will not have to pay any income tax under the new tax regime. However, this change has also led to some confusion, particularly regarding the terms ‘rebate’ and ‘marginal relief.’ Our Partner (Head – Taxation) S R Patnaik shares his views on this in an article published by India Today. (Photo Credit: India Today)
