India's only income tax -free state, this exemption received for this special reason
India’s only income tax -free state, earning 12 lakhs or 12 million, no taxes have to be paid last: 06 April 2025, 21:08 IST India’s income tax -free state: Citizens of this state of India is exempt from paying income tax under special status, and therefore no income tax is available here. Highlights do not have to pay income tax in Sikkim. Citizens of Sikkim have special status. Taxes were released in terms of section 10 (26AA). New -delhi. It is the responsibility of each person to pay income tax in the country if the income is more than the tax -free limit. On the income tax front, however, the government gave a great relief and made the income of up to Rs 12 Lakh tax -free, but if the income is more, the tax will have to be paid. You will be surprised to know that there is a state in the country where 12 lakhs, when the year is 12 crore, one cent should not be paid. It’s hard to believe it, but it’s true. Actually, Sikkim is a state in the country where citizens do not have to pay any taxes. There is a special reason behind it. Let us tell you why Sikkim did not find Sikkim in Sikkim in 1975, it is merged with India provided that old law and special status will remain intact. The northeastern state of Northeast followed its own Sikkim income tax Manuel 1948, which has controlled tax laws since 1975. In terms of this rule, no resident of Sikkim has to pay taxes to the Government of India. Also read- What is the Tina factor, whereby gold becomes expensive, the people bought near Rs 91000, according to which the law, according to the tax release of tax, was canceled the tax laws of Sikkim in the year 2008. In the residents of the state, the residents of the state were released by placing Article 10 (26AA) in the Union budget. The Act protects the special status Sikkim gave in the Act and “Sikkimi” was included according to section 371 (f). In 2008, the central government released more than 94% of Sikkim of income tax. At the same time, in terms of section 10 (26Aaa), Sikkim’s persons are also exempt from the income earned on shares. The Supreme Court of India said that the tax exemption available under Article 10 (26AA) will be favored for all Sikkimi people, including those who have permanently established in the state before Sikkim’s merger in India. Location: New -delhi, New -Delhi, Delhi First Published: 06 April 2025, 06:37 IST Homebusiness India’s only income tax -free condition, these special reasons