Zero Tax at Rs 12 Lakh Salary? True—But Only If You're on a Payroll

The math checks out for salaried workers: Rs 75,000 standard deduction cuts taxable income to Rs 11.25 lakh, leaving exactly Rs 60,000 in tax that the expanded 87A rebate wipes out. Non-salaried earners don't get that deduction—and will owe tax.

ndtv-profit-business · 6/28/2026, 9:20:09 AM · Ask about this →