Zero income tax up to an income of Rs 12 Lakh

'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.
Homeowners get income tax relief on second house in Budget 2025
Taxpayers will be able to claim nil valuation for two self-occupied properties instead of one. The reform will promote ownership for vacation homes or secondary residences as well.
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

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 ...
Indian shares muted as budget tax relief offsets capex concerns
Indian shares inched lower in a special session for the union budget on Saturday, as markets took a breather after a ...
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 ...
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: 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 ...
Union Budget 2025 Highlights: Makhana, Middle Class, Medicine — Nirmala Sitharaman's plan for the Indian economy
Highlights: FM Nirmala Sitharaman's announcement on February 1 brings a gift for the Indian middle class with no tax payable ...
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 ...
NRI tax regime gets tougher: Budget 2025 adds hurdles for Indian students, professionals working overseas
For Indian students planning to remain abroad post-graduation — whether through work permits, permanent residency, or ...