NCERT introduces new tax regime calculations in Class 9 textbook

NCERT's newly released Class 9 social science textbook features a section on calculating income tax liability under India's new tax regime within a chapter titled 'Managing Your Personal Finances'.

The textbook outlines slab-wise tax calculations while detailing personal finance pillars including budgeting, savings, and investments such as fixed deposits, mutual funds, and equity stocks.

Implemented across an integrated two-volume set released on September 29, the curriculum emphasizes that paying taxes responsibly is a crucial civic duty for national development.