The Union Budget 2025 brought a groundbreaking announcement—income up to Rs 12.75 lakh will now be tax-free under the new tax regime. This major tax relief has sparked widespread reactions, with Shaadi.

This comes after the government said that people earning up to 1.28 million rupees ($14,800) per year will not have to pay any taxes, raising its threshold from 700,000 rupees. It also cut tax rates for people earning above the new threshold.

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

The finance minister announced steps to tackle slowing growth, rising prices and low middle-class 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.