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 ...
Indiatimes7d
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 ...
Mint5d
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 ...
Indiatimes7d
Budget 2025: From new income tax slabs & rates to TDS, TCS & NPS Vatsalya - top 7 income tax takeaways for middle class
revised income tax slabs, and increased rebate thresholds under the Concessional Tax Regime, benefiting middle-class taxpayers. One of the major amendments proposed in the current budget is the ...
The Independent9d
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 ...
Hindustan Times9d
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 ...
Mint7d
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 ...
Hindustan Times9d
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 ...
U.S. News & World Report9d
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 ...