Sat Feb 01 14:09:54 IST 2025: ## Odisha CM Lauds Union Budget’s Zero Income Tax Up to ₹12 Lakh
**Bhubaneswar, Odisha –** Odisha Chief Minister Mohan Charan Majhi has praised the Union Budget 2025-26’s proposal for zero income tax on annual incomes up to ₹12 lakh as a “visionary step.” In a post on X (formerly Twitter), Majhi thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for the initiative, stating it will empower citizens, strengthen the economy, and create brighter financial opportunities.
The budget announcement provides significant tax relief to the middle class by revising tax slabs and introducing the exemption. For salaried individuals, the effective threshold increases to ₹12.75 lakh when considering standard deductions. The Chief Minister highlighted the measure’s positive impact on both individuals and the overall economic landscape of the nation.
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