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A Redditor in the Fat FIRE Reddit group shares his nest egg, including how he allocated his money between stocks and bonds.
With the new tax slabs, the standard deduction of ₹75,000, over and above the ₹12 lakh limit under the new tax regime, furthers the agenda of driving up savings, investments and consumption.
Finance Minister Nirmala Sitharaman presented Budget 2025 and hiked the tax rebate available to individual taxpayers to ₹12 lakh from next fiscal, from ₹seven lakh currently.