Nirmala Sitharaman Announcement On Income Tax

Sitharaman gives relief to middle class

Massive announcement by Nirmala Sitharaman, middle-class gets new income tax structure

In a massive relief to the middle class, union finance minister Nirmala Sitharaman on Saturday announced an increased income tax exemption for income up to ₹12 lakh per annum. This means that people who earn under ₹12 lakh per annum will not have to pay any taxes.

ABP Live on MSN · 17h

Union Budget 2025: No Income Tax To Those Earning Upto Rs 12 lakh- Top Highlights Of Nirmala Sitharaman's Speech

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.

Goodreturns · 20h

Nirmala Sitharaman Unveils Income Tax Cuts for Middle Class in Latest Budget Announcement

Finance Minister Nirmala Sitharaman reveals income tax cuts for the middle class, raising exemption thresholds and benefiting millions of taxpayers.

Nil tax on income up to Rs 12 lakh: Some call it a game-changer, others say it will boost disposable income

“The Rs 12 lakh tax-free income is a game changer, boosting consumption and middle-class savings. With infrastructure, policy ...

15h

Budget 2025: Relief for taxpayers to simplified TDS, 10 major Income Tax announcements by FM Nirmala Sitharaman

In Budget 2025, tax relief measures include raising the income tax rebate limit to ₹12 lakh and doubling senior citizens’ tax ...

1don MSN

India offers middle-class tax relief to support growth; targets narrower budget gap

By Shivangi Acharya and Nikunj Ohri NEW DELHI (Reuters) -India plans to cut personal income tax rates to boost middle-class spending power, Finance Minister Nirmala Sitharaman said on Saturday, as she ...

Delhi’s middle class reacts to Budget announcement on income tax rebate: ‘Feel liberated’, ‘will save money for education’

A rebate means that income up to that limit will not lead to any tax liability, which effectively means that anyone with an ...

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