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.
Income Tax Slabs Budget 2025 Live: How much income tax will middle class taxpayers save? FM Sitharaman's big tax announcements decoded
Finance Minister Nirmala Sitharaman has brought big cheer for middle class taxpayers - it’s a bonanza like never b
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.
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 government, which would be presented by Finance Minister Nirmala Sitharaman on February 1,
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.
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 regime. This major tax relief has sparked widespread reactions, with Shaadi.
'Poverty has been redefined': Shark Tank's Anupam Mittal reacts to Rs 12 lakh tax break in Budget '25
Finance Minister Nirmala Sitharaman unveiled key tax reliefs for India’s middle class in the Union Budget 2025, featuring a simplified tax structure, a higher TCS threshold on foreign remittances, and enhanced benefits for salaried individuals.
FM Sitharaman: '1 crore taxpayers to get relief with no income tax on income of Rs 12 lakh'
As many as 1 crore taxpayers will no longer have to pay income tax with the new proposal in the Union Budget 2025-26, which will put a substantial amount of money in the hands of these individuals said Union Finance Minister Nirmala Sitharaman on Saturday.
India Union Budget 2025-26 LIVE | No Income Tax on income up to ₹12 Lakh
Indian Finance Minister Nirmala Sitharaman today (Saturday, Feb 1) presented the Union Budget for 2025-26, a day after unveiling the Economic Survey. India Union Budget 2025-26 LIVE Updates: Friday's survey outlined the BJP-led government's commitment to driving economic growth with a focus on equity,
Budget 2025 | Modi’s gift to the middle class; no income tax up to Rs 12 lakh
Finance Minister Nirmala Sitharaman announced no income tax payable up to Rs 12 lakh under the new regime, offering significant relief to the middle class. The new tax slabs include 5% on Rs 4-8 lakh,
Budget 2025: No taxes till Rs 12.75 lakh to 25% new tax rate included -- new tax-related changes announced
One notable change is the announcement that individuals earning up to Rs 12 lakh will now be fully exempt from paying taxes. This measure is aimed at reducing the tax burden on the middle class and stimulating higher consumer spending.
Income Tax Slabs | Budget 2025: PM Modi says tax rebate will provide big benefit to middle class
Finance minister Nirmala Sitharaman says that the new income tax bill will be introduced next week. She adds that the ...
Tax Guru20h
Budget 2025 – Summary of Important Income Tax Proposals
Summary: The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, focused on reforms in taxation, agriculture, MSMEs, and exports. Direct tax proposals included no tax on incomes up to ...
The Financial Express1d
Budget 2025: No tax on income up to ₹12 lakh in New Tax Regime? Here’s the catch!
The budget announcement has come as a big relief for taxpayers, especially the middle class, as this will significantly ...
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 ...
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.
Budget 2025: Hopes of passenger vehicle makers ride on income tax cuts
According to experts, even if an additional 5% of people opt to buy new vehicles, it may bring a huge boost to sector. This ...
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Income Tax Slabs 2025 LIVE Updates: India Inc welcomes the new income tax bill, relaxation in TCS, TDS regulations
Finance Minister Nirmala Sitharaman has announced that under the new income tax regime, nil tax slab has been raised from ₹7 ...
Union Budget 2025 Highlights: Tax deductions to exemptions. What Nirmala Sitharaman's Budget means for middle class?
On February 1, 2025, FM Nirmala Sitharaman will table her 8th budget during the Parliament session. Budget 2025 aims to boost ...