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.

Finance Minister Nirmala Sitharaman tabled the Union Budget for the financial year 2025-2026 in Parliament on Saturday. From a change in income tax slabs to a boost to IIT infrastructure, here are the

The budget announcement has come as a big relief for taxpayers, especially the middle class, as this will significantly reduce the financial burden on this income group.

Finance Minister Nirmala Sitharaman has announced changes to the income tax slabs in the new regime. As per the changes, there is no tax on income up to Rs 12 lakh. This rejig is expected to boost disposable income,

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.

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.

The Budget 2025 is being seen as an important step to revive the slackening urban consumption in India and thereby help retail, consumer service sectors

India's plans to cut personal income tax rates will put more disposable income in the hands of the people and eventually boost consumption in the world's fifth-largest economy, executives from automobile and consumer firms said on Saturday.