India offers middle-class tax relief to support growth

'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 filers in India earn below ₹13 lakh per annum, effectively leaving just one crore individuals to pay income tax.
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
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.
Will big tax relief for the middle-class spur growth? Industry titans share views
Prime Minister Narendra Modi hailed the Union Budget 2025 and said that tax relief given by Finance Minister Nirmala Sitharaman will provide big benefits to middle class and salaried employees.
Union Budget 2025: PM Modi announces tax-free income up to Rs 12 Lakh, major relief for middle class
In Union Budget 2025, Prime Minister Narendra Modi unveiled significant tax reforms aimed at benefiting the middle class. He states, “In this budget, income up to Rs 12 lakh per annum has been made tax-free.
India's Modi to seek to boost growth, ease cost of living in budget
Indian Prime Minister Narendra Modi faces the challenges of reviving growth and giving relief to a middle class hit by rising living costs, while also preparing for an uncertain year of global trade,
Income Tax Slabs 2025-26 Budget 2025 Live Updates: Will Sitharaman Announce Relief For Middle Class?
Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26 in the Lok Sabha on Saturday. Union budget 2025-26 is expected to place greater emphasis on the agriculture sector and may introduce tax reforms,

India Inc Reacts To Union Budget

Budget 2025 Live Updates: Income tax relief for middle class, Bihar flavour of Nirmala Sitharaman's eighth general budget
FM Sitharaman donned a Madhubani silk saree as she presented her eighth budget, highlighting Bihar projects. The opposition ...
Union Budget 2025 LIVE: Over 1 crore taxpayers will pay ZERO tax, says FM Nirmala Sitharaman
LIVE: During the Union Budget 2025 announcements, Finance Minister Nirmala Sitharaman said that under the new tax slabs, over ...
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India ‘income tax-free’: Anupam Mittal criticises new tax regime
The Union Budget for 2025-26, presented by Finance Minister Nirmala Sitharaman, introduced significant changes to India’s tax slabs. The minister announced that individuals earning up to Rs 12 lakh ...
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Budget 2025: The big picture; Understanding tax reforms
This Budget focused on more spending power for the middle class, and less regulation in businesses. Personal annual income up ...
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 ...
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 ...
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Budget 2025 Corporate Reactions: Industry leaders hail credit boost, tax relief, schemes for startups
Finance Minister Nirmala Sitharaman announced major changes related to credit guarantee, income tax, etc in Union Budget 2025. Leaders from the EV, automobile, manufacturing, energy, and tech industri ...
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Will Budget 2025 remove the 30% tax slab for taxpayers in India?
The question on everyone’s mind is whether the government will eliminate or revise the 30% tax slab in the upcoming budget.
Budget 2025 lacked a trigger? Zerodha's Nithin Kamath on why markets stayed indifferent
The BSE Midcap 150 index recorded a significant loss of ₹46,103.04 crore in investor wealth, far exceeding the ₹739 crore ...