On February 1, 2025, FM Nirmala Sitharaman will table her 8th budget during the Parliament session. Budget 2025 aims to boost agriculture, employment, and infrastructure.

As Nirmala Sitharaman presents her eighth consecutive budget, the salaried class will be expecting some relief in income tax rates.

Prime Minister Narendra Modi's customary pre-Budget speech on Friday, January 31, gave the nation's middle class something to look forward to in Budget 2025. Every year, the middle class is mostly disappointed as the government introduces more schemes to benefit the poor and hardly has anything for the section that pays for most services through direct taxation.

The question on everyone’s mind is whether the government will eliminate or revise the 30% tax slab in the upcoming budget.

(Reuters) -India plans to cut personal income tax rates to boost middle-class spending power and seeks to increase private investment to strengthen growth, the 2025-26 budget showed on Saturday. The world's fifth-largest economy is expected to post its slowest growth in four years next year amid frail urban demand and weak private investment,