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 ...
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 ...
Indiatimes6d
New vs old income tax regime after Budget 2025: Post income tax slab changes, which tax regime is better for salaried middle class taxpayers?
Finance Minister Nirmala Sitharaman announced significant income tax relief for the middle class in the Union Budget 2025, eliminating tax for incomes up to Rs 12.75 lakh. Taxpayers must compare ...
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 ...
Mint4d
Who makes up India’s middle class, anyway?
Between FY20 and FY23, the basic income tax exemption limit (below which one pays no tax) was ₹ 2.5 lakh but per-capita income was lower than that, growing from ₹ 1.48 lakh in FY20 to ₹ 1.92 ...
Hindustan Times8d
Income Tax Slabs | Budget 2025: PM Modi says tax rebate will provide big benefit to middle class
Income Tax Slabs | Budget 2025: There will be zero income tax up to an annual income of ₹12 Lakh under the new tax regime, FM Sitharaman has announced. Income Tax Slabs | Budget 2025: In a major ...
Indiatimes2d
Loan EMI calculator after RBI MPC meet: Bonanza for middle class! How much will you save with lower EMIs + new income tax slabs? Explained
(AI image) Loan EMI calculator after RBI MPC meet: Reserve Bank of India (RBI ... bonanza for the middle class! With FM Nirmala Sitharaman having announced NIL income tax up to Rs 12 lakh income ...
ABC News9d
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 ... starting point for income tax to $14,800 from ...
The Independent8d
Modi government slashes income tax for middle classes in India budget
“The focus of the budget is taking everyone together on an inclusive path,” Sitharaman said, adding that the government is aiming for a fiscal deficit of 4.4% of India’s gross domestic ...
Mint6d
Income Tax Budget 2025 Highlights: Who is likely to benefit most from FM Nirmala Sitharaman's tax slab change?
Income Tax Budget 2025 LIVE: As the government aims to simplify the direct taxation process in India to provide relief to the middle-class and lower-income individuals, people are starting to ...
U.S. News & World Report8d
Takeaways From India's Budget That Slashes Income Tax on the Salaried Middle Class to Spur Growth
Takeaways From India's Budget That Slashes Income Tax on the Salaried Middle Class to Spur Growth NEW DELHI (AP) — Indian Prime Minister Narendra Modi’s government presented an annual budget ...
Hindustan Times8d
Massive announcement by Nirmala Sitharaman, middle-class gets new income tax structure
In a massive relief to the middle class, union finance minister Nirmala Sitharaman on Saturday announced an increased income tax exemption limit during her eighth Budget speech. She announced that ...