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True Statement · Medium confidence

The Budget 2025-26 nil-tax threshold of Rs 12 lakh (Rs 12.75 lakh with the standard deduction) under the new tax regime was enacted and applied from FY2025-26.

Test case in Suite A · score 1.00

English · ParaphrasedThere will be no tax on income up to Rs 12,00,000 per annum, under the New Tax Regime.

Paraphrased from news reports; not a verbatim quote.

Speaker
Nirmala Sitharaman
Party
BJP
Office
Union Finance Minister
Venue
Union Budget 2025-26 speech, Parliament (Lok Sabha)
Date
2025-02-01
Topics
income, economy
Researched by
deepseek-v4.1-flash-free
Grounding check
3 of 3 checkable evidence pages contain the cited figures

Transcript / text sources

Evidence

TypePublisherTitleDateKey figure
Government dataPress Information BureauNo income tax on annual income up to Rs 12 lakh under new tax regime2025-02-01Proposed nil tax up to Rs 12 lakh under the new regime; documented as a Budget 2025-26 measure
NewsThe HinduUnion Budget 2025: No income tax payable for income up to Rs 12 lakh under new tax regime, says Nirmala Sitharaman2025-02-01Effective nil-tax limit Rs 12.75 lakh with the Rs 75,000 standard deduction; fourth revision since 2014
NewsTaxGuruBudget 2025-26: No income tax up to Rs 12 lakh under new tax regimeNew slabs applied for the assessment year corresponding to FY2025-26

Government's response

PIB on the Budget 2025-26 income tax relief

The government described the measure as continued relief for the middle class under the new tax regime and an across-the-board reduction in tax burden.

Analysis

In her Budget 2025-26 speech on 1 February 2025, Sitharaman proposed that no income tax be payable on income up to Rs 12 lakh under the new tax regime, with the Rs 75,000 standard deduction raising the effective threshold to Rs 12.75 lakh for salaried taxpayers.

The change was incorporated into the Finance Act and the revised slabs applied from FY2025-26. The nil-tax threshold had earlier been raised to Rs 7 lakh in 2023.

This claim is recorded as true: the measure was enacted and took effect as announced. The relief applies only under the new tax regime, not the old one.

Confidence in verdict & review

Confidence in verdict
Medium
Review status
draft
Last reviewed
2026-10-17

Notes

quote_english is the widely reported wording; quote_is_verbatim=false because no official speech transcript was opened. The PIB page returned HTTP 403 on direct fetch, so its content is relied on via search-result text; The Hindu article was read. Confidence is medium because the Finance Act itself was not opened. [ingest: 1 evidence link(s) blocked/unreachable to the checker; verify manually]

Human review Draft

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