India offers middle-class tax relief to support growth

'Maybe abolishing income tax...': Finfluencer on the real cost of Budget 2025 for high earners in India
Shrivastava was responding to Shaadi.com founder Anupam Mittal, who highlighted that with this revision, almost 90% of tax filers in India earn below ₹13 lakh per annum, effectively leaving just one crore individuals to pay income tax.
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.
India's Modi to seek to boost growth, ease cost of living in budget
Indian Prime Minister Narendra Modi faces the challenges of reviving growth and giving relief to a middle class hit by rising living costs, while also preparing for an uncertain year of global trade,
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 budget aims to boost spending power of middle class, support growth
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
India Budget 2025 Speech: Follow Live Updates and Analysis
The government cut taxes for middle-class Indians to boost domestic consumption as US President Donald Trump’s tariffs loom.
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Finance Minister Nirmala Sitharaman announced major changes related to credit guarantee, income tax, etc in Union Budget 2025. Leaders from the EV, automobile, manufacturing, energy, and tech industri ...
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The Finance Bill 2025 brings an amendment to Section 9 of the Income-tax Act, 1961, which addresses the deemed accrual of income in India for foreign entities or non-residents. Under existing ...
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Budget impact on travel, tourism sector: More wings - Here’s how Union Budget FY 2025-26 set India on a global map!
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