India offers middle-class tax relief to support growth

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.
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
Ahead of Budget 2025, India's middle class seeks tax relief, youth hope for jobs
As the Union Budget 2025-26 approaches, Indians are eagerly anticipating relief from income tax slabs and solutions for farmers and unemployment issues. Union Finance Minister Nirmala Sitharaman is set to present the budget today,
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 aims to boost spending power of middle class, support growth
India will focus on boosting the spending power of its middle class population, encouraging inclusive development and private investment to strengthen growth, Finance Minister Nirmala Sitharaman said on Saturday,
Tax relief for middle-class to bolster growth in 2025: Corporate India
The budget emphasises on long-term growth through substantial infrastructure investments and a strong focus on innovation.
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