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.
Tax bonanza: What Budget 2025 means for India's beleaguered middle-class
No tax on income up to ₹12 lakh, revised tax slabs, senior citizen benefits, and homeowner relief announced by FM Nirmala Sitharaman to ease the financial burden on the middle-class
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 manufacturing.
INDIA BUDGET India cuts income tax in a bid to boost 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.
India’s 2025-26 Budget focuses on job creation; new income tax bill next week
Dubai: India is hoping to rev up higher growth and job creation with a budget that focuses on offering easier – and more - access to funds for small and mid-sized businesses as well as startups. These will ‘generate employment for youth’ as MSMEs get better access to credit,
Reactions to India's 2025-26 budget
India plans to cut personal income tax rates to boost middle-class spending power and seeks to increase private investment to ...
Anupam Mittal on Budget 2025: 'India is Now Income-Tax-Free for Most'; No Income Tax Up to ₹12.75 Lakh
The Union Budget 2025 brought a groundbreaking announcement—income up to Rs 12.75 lakh will now be tax-free under the new tax ...
Union Budget 2025 expectations LIVE: Income Tax expectations to allocations for sectors - what India wants from FM
Several industries and taxpayers are eagerly waiting for the second full-fledged budget of the Narendra Modi-led NDA ...
Will the 30% tax slab be removed for taxpayers in India in Budget 2025? What changes can New Tax Regime see
The government has been talking about simplifying the tax structure to make it easier for taxpayers. Eliminating the 30% tax ...
Tax Guru8h
Budget 2025: Tonnage Tax Benefits Extended to Inland Vessels in India
The Finance Bill 2025 proposes extending the tonnage tax scheme to inland vessels, registered under the Inland Vessels Act, 2021, in an effort to boost India’s inland water transportation industry.
INDIA BUDGET-India's Tax Cut Plans Will Boost Consumption, Top Execs Say
This comes after the government said that people earning up to 1.28 million rupees ($14,800) per year will not have to pay ...
'Maybe abolishing income tax...': Finfluencer on the real cost of Budget 2025 for high earners in India
Shrivastava was responding to Shaadi.com founder Anupam Mittal, who highlighted that with this revision, almost 90% of tax ...
Budget 2025 Live: FM Sitharaman Announces Big Sops For Middle Class; India Inc Hails Budget 2025
In addition to the tax relief, the Finance Minister also introduced reforms to simplify the Tax Deduction at Source (TDS) system.