Threshold Limits on Income Tax Exemptions then were on 250000, 500000, 750000, 1275000 INR respectively in consequent budgets in which the 1275000 INR is the latest one for 2025-2026 Fiscal Year.
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Here, we examine the key sources of revenue and the allocation of funds in the Union Budget presented by Finance Minister Nirmala Sitharaman this year.