middle class can expect tax relief tomorrow

India offers middle-class tax relief to support growth; targets narrower budget gap
India plans to cut personal income tax rates to boost middle-class spending power, Finance Minister Nirmala Sitharaman said on Saturday, as she announced an annual budget that also sought to increase private investment to strengthen growth.
Takeaways from India's budget that slashes income tax on the salaried middle class to spur growth
Indian Prime Minister Narendra Modi’s government presented an annual budget to Parliament on Saturday that focused on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and manufacturing.
Income Tax Slabs Budget 2025 Live: No income tax up to Rs 12 lakh income! 30% tax slab now after Rs 24 lakh - big income tax relief for middle class
Finance Minister Sitharaman announced a substantial tax benefit, ensuring that individuals earning up to Rs 12 lakh annually under the new tax framework will not be liable for any taxes.
Budget 2025: The middle class of the country rejoiced after hearing the budget, salary up to 12 lakhs is tax-free; how much loss will the government incur?
Finance Minister Nirmala Sitharaman has made a big announcement for taxpayers while presenting the budget today. The Finance Minister said that income up to Rs 12 lakh will be completely tax-free. The middle-class people of the country have breathed a sigh of relief with this announcement of the Finance Minister.
Union Budget 2025: Big relief for middle class as no income tax payable upto income of Rs 12 lakh, says FM
In a big bonanza for salaried taxpayers, Finance Minister Nirmala Sitharaman announced that there will be no income tax to be paid for income levels up to Rs 12 lakh. Income Tax Budget 2025 Live: What are the income tax slabs,
Ahead of Budget 2025, India's middle class seeks tax relief, youth hope for jobs
As the Union Budget 2025-26 approaches, Indians are eagerly anticipating relief from income tax slabs and solutions for farmers and unemployment issues. Union Finance Minister Nirmala Sitharaman is set to present the budget today,
Big boost to the middle class: tax rebate on incomes up to Rs 12 lakh announced in Budget 2025
India's tax cut plans will spur consumption, top execs say
India's plans to cut personal income tax rates will put more disposable income in the hands of the people and eventually ...
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Income Tax Slabs 2025 LIVE Updates: India Inc welcomes the new income tax bill, relaxation in TCS, TDS regulations
Finance Minister Nirmala Sitharaman has announced that under the new income tax regime, nil tax slab has been raised from ₹7 ...
New income tax slabs and more: The big Budget 2025 announcements, in graphics
Finance Minister Nirmala Sitharaman tabled the Union Budget for the financial year 2025-2026 in Parliament on Saturday. From ...
Who Gains, Who Loses as India Doles Out $12 Billion in Tax Sops
India cut taxes for the country’s middle class, putting about $12 billion more in their pockets as the Narendra Modi-led ...
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New Income Tax Bill: What YOU Must KNOW
Implications for capital gains, wealth taxes, and investment strategies require careful consideration, notes Anil Rego, ...
What are the new income tax slabs introduced in Union Budget 2025? How much will you save now?
Finance Minister Nirmala Sitharaman has announced changes to the income tax slabs in the new regime. As per the changes, ...
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FM’s Tax Gift: Will Budget 2025 Fuel India’s Consumer Economy?
The Budget 2025 is being seen as an important step to revive the slackening urban consumption in India and thereby help ...
India cuts income tax in a bid to boost consumption
India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, which is projected to grow at its slowest pace in four years. Currently, ...
India Targets 9% Boost From RBI, Banks to Offset Tax Cuts
India’s government expects income from the central bank and public-owned financial institutions to increase 9% in the coming fiscal year, helping to offset a drop in tax revenue.
Union Budget 2025 Highlights: Tax deductions to exemptions. What Nirmala Sitharaman's Budget means for middle class?
On February 1, 2025, FM Nirmala Sitharaman will table her 8th budget during the Parliament session. Budget 2025 aims to boost ...