Highlights: FM Nirmala Sitharaman's announcement on February 1 brings a gift for the Indian middle class with no tax payable up to ₹12 lakh income.

Nirmala Sitharaman gave the middle class a huge boost when she declared that anyone earning up to Rs 12 lakh would not be subject to taxes.

Union finance minister Nirmala Sitharaman urges Karnataka to reduce state-imposed taxes to mitigate inflation and boost consumption. She highlights the Centre's efforts and calls for lowering sales tax on petrol and diesel.

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

As India prepares for the budget speech of Hon'ble Finance Minister Nirmala Sitharaman focus will be on three important points. Firstly it will be on the possible changes on the income tax slabs if any.

LIVE: In big tax relief to middle class, finance minister Nirmala Sitharaman announced that no income tax will be levied on income up to ₹12 lakh under revised new tax regime. She announced several other measures in Union Budget 2025,