Nirmala Sitharaman, Income Tax

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Union Budget 2025 Highlights: Tax deductions to exemptions. What Nirmala Sitharaman's Budget mean for middle class?
Highlights: 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.
Nirmala Sitharaman Budget Interview: ‘1 crore more people will pay no tax’
With a rejig of Income Tax slabs, the expectation is that the money saved will flow back into the economy through consumption, savings or investment.
No Income Tax On Income Up To Rs 12 Lakh: Finance Minister Sitharaman's Announcement For Middle Class
Union Budget 2025: Finance Minister Nirmala Sitharaman announced there will be no tax on income up to Rs 12 lakh under the new tax regime. "Slabs and rates being changed across the board to benefit all tax-payers," the Finance Minister said.
After FM Nirmala Sitharaman’s income tax relief in Budget 2025, will RBI also cheer the middle class with a rate cut?
The RBI is expected to cut the repo rate by 25bps in February, easing borrowing costs for the middle class. Analysts predict a total reduction of 100bps in the current cycle, fostering economic growth amid favorable inflation projections.
Budget Speech Highlights: Nirmala Sitharaman announces tax exemption for annual income of up to ₹12 lakh
The announcement of an income tax exemption for individuals earning up to ₹12 lakh is a transformative step towards empowering the middle class. This decision not only recognizes their vital role in nation-building but also provides much-needed financial relief,
New Income Tax Bill to be introduced in Parliament next week, says Finance Minister Nirmala Sitharaman
While presenting the Union Budget in Parliament on Friday, Sitharaman urged Income Tax department officials to "trust first and scrutinise later."
Union Budget 2025: FM Nirmala Sitharaman sets second home tax worries at rest
Budget 2025 amends Section 23 of the Income Tax Act, allowing taxpayers to claim the annual value of up to two self-occupied properties as nil, withou
Nirmala Sitharaman Unveils Income Tax Cuts for Middle Class in Latest Budget Announcement
Finance Minister Nirmala Sitharaman reveals income tax cuts for the middle class, raising exemption thresholds and benefiting millions of taxpayers.
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.
LIVE | Budget 2025: Will Centre offer tax breaks for middle class, cost-of-living relief, more jobs?
Finance Minister Nirmala Sitharaman will present her record eighth consecutive Budget at 11 am today, as India awaits measures to revive sluggish economic growth. All eyes are on potential income tax cuts or tweaks to ease the burden on the middle class,
Budget 2025 LIVE: Nirmala Sitharaman says no income tax up to ₹12 lakh in big relief for middle class
LIVE: In a big relief to middle class, finance minister Nirmala Sitharaman announced that no income tax will be levied up to ₹12 lakh under the new tax regime.
‘Income tax simplification is complete’: Sitharaman after rejigging New Tax Regime in Union Budget 2025 A breaking
After raising the threshold of taxable income to 12.75 lakh from 7.5 lakh, Union Finance Minister Nirmala Sitharaman has said ...
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 ...
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Govt To Introduce New Income Tax Bill Next Week: FM Sitharaman
Union Finance Minister Nirmala Sitharaman while presenting the Union Budget 2025-26 said the government will introduce a New ...
On Trump tariff pressure, Sitharaman says 'Income tax rebates not offered with that in mind'
When asked if the income tax rejig and changes in customs duty were proposed as a consequence of Trump’s tariff threats, ...