AI Evaluation Notes

The financial year 2025-2026, to which the prediction refers, began on April 1, 2025, and the Union Budget 2025 has been announced with income tax changes. While the direct tax-free income limit under the new tax regime is generally stated as lower (e.g., up to ₹7 lakh or ₹12 lakh, depending on interpretation of specific provisions), several reports and discussions indicate that a salary of up to ₹14.65 lakh can be made effectively tax-free through a combination of standard deductions and specific components like provident fund and NPS under the new regime. Therefore, the prediction is partially correct as it is achievable under specific conditions rather than a universal, direct exemption.