India offers middle-class tax relief to support growth

Indian budget unveils major tax relief, tightens rules for NRIs
Among the most significant announcements was the introduction of a new income tax regime that exempts individuals earning up to Rs1.2 million from tax
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.
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 Budget 2025 Speech: Follow Live Updates and Analysis
The government cut taxes for middle-class Indians to boost domestic consumption as US President Donald Trump’s tariffs loom.
INDIA BUDGET India to provide $647 million to support strategic reserve oil purchases in 2025-26
India will provide 55.97 billion rupees ($646.78 million) support for purchase of oil for the country's strategic petroleum ...
Budget 2025 Reactions: From economists, political leaders, corporates to market analysts, how India is viewing FM's announcements
Following the Budget announcement, reactions have been mixed. Some are praising it, while others are criticising it. Here's how industry experts, political leaders, and market analysts are reacting to ...
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India's leading economists analyse Budget 2025
The Budget 2025 has sparked a robust debate among economists and financial experts. While its emphasis on boosting consumption and simplifying tax structures has been widely appreciated, concerns ...
INDIA BUDGET India to set up $3-bln maritime development fund for shipping industry
India will set up a 250-billion-rupee ($2.9-billion) maritime development fund for the long-term financing of the country's ...
Budget 2025 | India follows the world in its nuclear energy drive
Budget 2025 aims for a 12-fold expansion in India’s nuclear capacity by 2047, with a thrust on smaller reactors. In that ...
Budget paves the way for India-US Harley diplomacy as customs duty on bigger bikes slashed
Ahead of PM Modi's visit to the US, the Union Budget reduces import duties on bigger bikes, benefiting companies like ...
Budget 2025-26 to transform India's infrastructure, says IIFCL MD
With this year's budget, it is evident that the government has embarked on an ambitious journey to revolutionise the ...
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 ...
Union Budget 2025: Here's how Indian startup ecosystem reacts to 'fund of funds' scheme, tax benefit announcements in budget speech
The Finance Minister also announced the extension of the time limit for filing updated returns for any assessment year. The ...
Budget a watershed moment in India's clean energy transition: Experts
Industry experts hailed steps for boosting clean energy like nuclear mission, incentives for critical minerals and renewable ...
INDIA BUDGET India's defence budget heavily weighted to manpower costs
India on Saturday proposed defence spending of 6.81 trillion rupees ($78.70 billion) for the 2025-26 fiscal year, up 9.5% ...