India, Feb. 2 -- In a major move to reduce the tax burden on the middle class, finance minister in her Union Budget 2025 speech, announced that no income tax will be payable for incomes up to Rs.12 lakh under the new tax regime.

However, this has caused some confusion, especially since the income tax slabs still show taxes for income brackets from Rs.0 to Rs.12 lakh.

Let's decode how the income tax relief for those earning up to Rs.12 lakh works:

0 - 4 lakh: No tax

Rs.4 - Rs.8 lakh: 5% tax

Rs.8 - Rs.12 lakh: 10% tax

Rs.12 - 16 lakh: 15% tax

16 - 20 lakh: 20% tax

20 - 24 lakh: 25% tax

Above 24 lakh: 30% tax

Up to Rs.3 lakh - No tax

Rs.3 lakh - Rs.7 lakh 5%

Rs.7 lakh - Rs.10 lakh 10%

Rs.10 lakh - Rs.12 lakh 15%

Rs.12 lakh - Rs...