EPISODE · May 23, 2025 · 3 MIN
Mint Podcast: Under New Tax Regime, When Does One Actually Not Pay Any Tax? | Mint Money
from Mint Podcast · host Mint - HT Smartcast
Under the new tax regime, incomes up to Rs 12 lakh will incur zero income tax starting the current fiscal year.Small businesses and professionals with turnovers up to 72 crore and F24 lakh, respectively, see this as an opportunity to pay zero tax. This can be achieved by opting for presumptive taxation, wherein the tax laws allow businesses or professionals to offer minimal permissible income to tax.But, some experts warn it may not be a blanket benefit available to all businesses and professionals eligible for presumptive taxation schemes.So when is it actually applicable? Watch the full episode on YouTube-https://www.youtube.com/watch?v=-hGCUT8CXv0
What this episode covers
Under the new tax regime, incomes up to Rs 12 lakh will incur zero income tax starting the current fiscal year.Small businesses and professionals with turnovers up to 72 crore and F24 lakh, respectively, see this as an opportunity to pay zero tax. This can be achieved by opting for presumptive taxation, wherein the tax laws allow businesses or professionals to offer minimal permissible income to tax.But, some experts warn it may not be a blanket benefit available to all businesses and professionals eligible for presumptive taxation schemes.So when is it actually applicable? Watch the full episode on YouTube-https://www.youtube.com/watch?v=-hGCUT8CXv0
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Mint Podcast: Under New Tax Regime, When Does One Actually Not Pay Any Tax? | Mint Money
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