Budget a big boost to middle class

Explainer: How India's tax rate tweaks will boost middle class spending
The Indian government on Saturday announced the biggest tax relief in at least a decade to boost consumer demand to revive growth in the world's fifth-largest economy, giving a huge relief to millions of households grappling with high inflation.
Takeaways from India's budget that slashes income tax on the salaried middle class to spur growth
Indian Prime Minister Narendra Modi’s government presented an annual budget to Parliament on Saturday that focused on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and manufacturing.
India’s new tax breaks for middle income earners a bid to boost growth
Indian Prime Minister Narendra Modi’s government presented an annual budget to Parliament on Saturday focused on spurring economic growth.
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.
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.
Modi government slashes income tax for middle classes in India budget
Modi government slashes income tax for middle classes in India budget - Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle class with tax cuts and spu
Hosted on MSN7h
Despite income tax cuts, India on track for fiscal consolidation: S&P Global Ratings
India's fiscal consolidation efforts remain on course despite recent income tax cuts, according to S&P Global Ratings.Finance ...
ABP Live on MSN27m
When Will The New Income Tax Rates Come Into Effect?
Under the new tax regime, the government has also introduced new tax slabs, lowering the tax burden on middle-income earners.
India’s tax laws set for a revamp: What is the new Income Tax Bill? How will it affect you?
Finance Minister Nirmala Sitharaman is set to introduce a new Income Tax Bill aimed at simplifying the six-decade-old tax ...
India's tax cut plans will spur consumption, top execs say
India's plans to cut personal income tax rates will put more disposable income in the hands of the people and eventually ...
From Rs 2 lakh to 12 lakh: Transformation of India’s personal income tax structure under Modi govt since 2014
In 2014, taxpayers were exempt from tax on income up to Rs 2 lakh. Budget 2025 has significantly expanded this relief to Rs ...
Who Gains, Who Loses as India Doles Out $12 Billion in Tax Sops
India cut taxes for the country’s middle class, putting about $12 billion more in their pockets as the Narendra Modi-led ...
Fortune India8h
Income tax cuts to facilitate FMCG, auto recovery: Moody’s
The expected increase in disposable incomes will provide a significant boost to retail spending by India's large and young ...
Union Budget 2025: A Game Changer for India's Growth – BJP Leaders Celebrate in Aija
The BJP leaders of Jogulamba Gadwal district celebrated the Union Budget 2025 by performing a milk abhishekam for Prime ...
As India gets busy with income tax calculator, techie sparks debate saying 'anyone earning 60LPA is poor’
India's new tax exemption for salaries up to Rs 12 lakh sparked online debate about income levels. Finance Minister Nirmala ...