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India offers middle-class tax relief to support growth
Tax relief for Indian middle class - but will it boost economy?
The finance minister announced steps to tackle slowing growth, rising prices and low middle-class consumption.
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 delivers $12 billion in tax cuts to spur economic growth
India’s finance minister gave middle class consumers 1 trillion rupees ($11.5 billion) in tax relief in her budget Saturday, seeking to shore up a slowing economy as global risks worsen. Individuals with annual income up to 1.
India offers middle-class tax relief to support growth; targets narrower budget gap
By Shivangi Acharya and Nikunj Ohri NEW DELHI (Reuters) -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.
1d
India Seeks $9 Billion in Stock Transaction Levies Next Fiscal
India expects to collect more taxes from levies imposed on securities trading with Finance Minister Nirmala Sitharaman’s ...
1d
Corporate winners and losers from India's budget
India's Finance Minister Nirmala Sitharaman unveiled the annual budget on Saturday, which focused on boosting the spending ...
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1h
India's leading economists analyse Budget 2025
The Budget 2025 has sparked a robust debate among economists and financial experts. While its emphasis on boosting consumption and simplifying tax structures has been widely appreciated, concerns ...
1d
India Must Protect Its Coasts as Climate Finance Dwindles
India’s vulnerable coasts should become pivotal to the country’s resilience strategy, in the absence of adequate financial ...
3d
on MSN
India's finance minister faces a tough choice crafting the annual budget — boost growth or cut deficit?
The world's fastest growing major economy has seen a growth downturn. India has been steadily cutting its full year real GDP ...
Global Finance
1d
India: Private Investments Power $125 Billion Clean Energy Push
State-owned Nuclear Power Corporation of India Ltd. will partner with private investors and power developers to set up these ...
6d
on MSN
India finance ministry advertises for new market regulator chief
India's finance ministry is inviting applications from qualified candidates to head the country's markets regulator, the ...
1d
India axes import tax on some smartphone parts in boost to Apple, Xiaomi
India has removed import duties on some components key to producing mobile phones, Finance Minister Nirmala Sitharaman ...
6h
on MSN
'Poverty has been redefined': Shark Tank's Anupam Mittal reacts to Rs 12 lakh tax break in Budget '25
Finance Minister Nirmala Sitharaman unveiled key tax reliefs for India’s middle class in the Union Budget 2025, featuring a ...
2d
on MSN
India's central bank files bankruptcy application against Aviom India Housing Finance
India's central bank on Thursday said it has filed an application with a company tribunal to initiate bankruptcy proceedings ...
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