ilmscore | Prediction Details
"No tax up to 12 lakhs rupees of annual income. So if you are a salaried individual, if your income if your salary is up to 12 lakhs, zero tax on that."
By CA Rachana Phadke Ranade | August 22, 2025 | Incorrect
From video
India’s Big Consumption Boom: What’s Driving It? | CA Rachana Ranade 00:05:39 - 00:05:49
Interpreted Prediction
Salaried individuals with an annual income up to ₹12 lakh will have zero income tax liability.
AI Evaluation Notes
Based on my search, the claim that salaried individuals with an annual income up to ₹12 lakh will have zero income tax liability is false. As of 2026, standard income tax slabs and deductions still apply, and income tax is applicable to income above the basic exemption limit.

Prediction Details

Topic
Income Tax Exemption

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