ilmscore | Prediction Details
By Finance With Sharan | July 23, 2024 | Correct
Interpreted Prediction
Predicted that lower earners (less than 15 lakhs per annum) will net benefit from the new budget.
AI Evaluation Notes
The Union Budget 2025, introduced after the prediction date, brought significant income tax changes beneficial for lower earners. Specifically, the new tax regime exempts income up to ₹12 lakh per annum, with salaried individuals paying no income tax up to ₹12.75 lakh per annum (including standard deduction), meaning those earning less than 15 lakhs have indeed seen a net benefit.

Prediction Details

Target
Lower earners (less than 15 lakhs per annum) will net benefit
Predicted date
Near future

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