Odisha CM thanks PM Narendra Modi and FM Sitharaman for introducing Zero Tax regime

Prameyanews English

Published By : Tuhina Sahoo | February 1, 2025 2:54 PM

Odisha Chief Minister Mohan Majhi thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for introducing zero income tax for people earning up to ₹12 lakh under the new tax system.

Bhubaneswar, Feb 1: Odisha Chief Minister Mohan Majhi thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for introducing zero income tax for people earning up to ₹12 lakh under the new tax system.


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Taking X, Majhi said: "A big thank you to Hon'ble PM Shri @narendramodi Ji and Hon'ble Finance Minister @nsitharaman ji for this important step of no income tax for earnings up to ₹12 lakh under the new tax system. This move will help citizens, boost the economy, and create better financial opportunities for everyone."

 

The new tax system has these rates:

 

₹0 to ₹4 lakh: no tax

₹4 to ₹8 lakh: 5%

₹8 to ₹12 lakh: 10%

₹12 to ₹16 lakh: 15%

₹16 to ₹20 lakh: 20%

₹20 to ₹24 lakh: 25%

Above ₹24 lakh: 30%

    Tags
  • Union Budget 2025

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Odisha Chief Minister Mohan Majhi thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for introducing zero income tax for people earning up to ₹12 lakh under the new tax system.
Odisha Chief Minister Mohan Majhi thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for introducing zero income tax for people earning up to ₹12 lakh under the new tax system.
Odisha Chief Minister Mohan Majhi thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for introducing zero income tax for people earning up to ₹12 lakh under the new tax system.
Odisha Chief Minister Mohan Majhi thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for introducing zero income tax for people earning up to ₹12 lakh under the new tax system.
Odisha Chief Minister Mohan Majhi thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for introducing zero income tax for people earning up to ₹12 lakh under the new tax system.
Odisha Chief Minister Mohan Majhi thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for introducing zero income tax for people earning up to ₹12 lakh under the new tax system.
Odisha Chief Minister Mohan Majhi thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for introducing zero income tax for people earning up to ₹12 lakh under the new tax system.
Odisha Chief Minister Mohan Majhi thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for introducing zero income tax for people earning up to ₹12 lakh under the new tax system.
Odisha Chief Minister Mohan Majhi thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for introducing zero income tax for people earning up to ₹12 lakh under the new tax system.
Odisha Chief Minister Mohan Majhi thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for introducing zero income tax for people earning up to ₹12 lakh under the new tax system.
Odisha Chief Minister Mohan Majhi thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for introducing zero income tax for people earning up to ₹12 lakh under the new tax system.
Odisha Chief Minister Mohan Majhi thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for introducing zero income tax for people earning up to ₹12 lakh under the new tax system.
Odisha Chief Minister Mohan Majhi thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for introducing zero income tax for people earning up to ₹12 lakh under the new tax system.
Odisha Chief Minister Mohan Majhi thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for introducing zero income tax for people earning up to ₹12 lakh under the new tax system.
Odisha Chief Minister Mohan Majhi thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for introducing zero income tax for people earning up to ₹12 lakh under the new tax system.
Odisha Chief Minister Mohan Majhi thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for introducing zero income tax for people earning up to ₹12 lakh under the new tax system.
Odisha Chief Minister Mohan Majhi thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for introducing zero income tax for people earning up to ₹12 lakh under the new tax system.
Odisha Chief Minister Mohan Majhi thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for introducing zero income tax for people earning up to ₹12 lakh under the new tax system.
Odisha Chief Minister Mohan Majhi thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for introducing zero income tax for people earning up to ₹12 lakh under the new tax system.

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