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Tag: Tax Shavings

Earning Below ₹12 Lakh? You Might Not Need to File ITR!
Wealth (EN)

Earning Below ₹12 Lakh? You Might Not Need to File ITR!

rupeshfinancialexpert.inFebruary 21, 2025January 16, 2026

With the revised tax regime, the basic exemption limit has increased, simplifying tax slabs. If your total taxable income is below ₹12 lakh, you may not have to file an ITR. However, certain conditions must be met:

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