India offers middle-class tax relief to support growth

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Budget 2025 Key Highlights: FM Nirmala Sitharaman's gift to middle class, ‘No Income tax for upto ₹12 lakh…’
FM Nirmala Sitharaman's announcement on February 1 brings a gift for the Indian middle class with no tax payable up to ₹12 lakh income. This move from the government's plans to cater to the nation's middle class,
Budget 2025: Indian Government Announces Major Tax Relief for Middle Class in New Budget | ABP NEWS
The Indian government has announced significant tax relief for the middle class in the new budget, especially with changes to the tax regime. Income up to ₹12 lakh will now be tax-free. For incomes between ₹4 lakh and ₹12 lakh,
Takeaways from India’s budget that slashes income tax on the salaried middle class to spur growth
Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and manufacturing.
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.
Will big tax relief for the middle-class spur growth? Industry titans share views
Prime Minister Narendra Modi hailed the Union Budget 2025 and said that tax relief given by Finance Minister Nirmala Sitharaman will provide big benefits to middle class and salaried employees.
Union Budget 2025: PM Modi announces tax-free income up to Rs 12 Lakh, major relief for middle class
In Union Budget 2025, Prime Minister Narendra Modi unveiled significant tax reforms aimed at benefiting the middle class. He states, “In this budget, income up to Rs 12 lakh per annum has been made tax-free.
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Income Tax Slabs 2025-26 Budget 2025 Live Updates: Will Sitharaman Announce Relief For Middle Class?
Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26 in the Lok Sabha on Saturday. Union budget 2025-26 is expected to place greater emphasis on the agriculture sector and may introduce tax reforms,
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India plans to cut personal income tax rates to boost middle-class spending power and seeks to increase private investment to ...
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India budget 2025-2026 focuses on stability, savings, and investment
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Indian shares muted as budget tax relief offsets capex concerns
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Union Budget 2025 expectations LIVE: Income Tax expectations to allocations for sectors - what India wants from FM
Several industries and taxpayers are eagerly waiting for the second full-fledged budget of the Narendra Modi-led NDA ...
Budget 2025 Highlights: PM Modi hails ‘people’s budget’ as FM Sitharaman announces NO INCOME TAX on annual income of up to 12 Lakh
Highlights: Union Finance Minister Nirmala Sitharaman on Saturday announced significant income tax cuts for the middle class ...
INDIA BUDGET-India's Tax Cut Plans Will Boost Consumption, Top Execs Say
This comes after the government said that people earning up to 1.28 million rupees ($14,800) per year will not have to pay ...
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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 ...
Budget 2025: On track to make India future-ready with growth focus
This year's budget has the potential to lead to Green Revolution 2.0, strengthening food security, improving farmer incomes, reducing volatility in food prices and controlling inflation ...
India targets fiscal deficit at 4.4% for 2025-26, sets path to bring down debt
The Indian government will target a narrower fiscal deficit of 4.4% of gross domestic product for fiscal year 2025-26, down ...