For everyone confused about why tax slabs exist if the income of ₹12 lakh is tax-free? Here’s the reason! Watch to video till the end. [ salary, employee, income, income tax, tax, budget, pretty much finance ] #tax #incometax #salary #income #prettymuchfinance | Prettymuchfinance

Income Tax slabs don’t change every day, but your understanding must be crystal clear. Here’s a one-page handwritten summary of Income Tax Rates for FY 2025-26 (AY 2026-27) covering: ✔ New Tax Regime (115BAC) – default regime ✔ Old Tax Regime slabs for Individual, Senior & Super Senior Citizens ✔ Surcharge rates up to 37% with important caps ✔ Marginal Relief explained simply ✔ Health & Education Cess @ 4% Perfect for CA, CS, CMA, B.Com, MBA & commerce students who want fast revision without con