Trusted News Discovery Since 2008
{{/content}}
Union Budget 2025: Will there be income tax relief for middle class? Here's what PM Modi said
Credit: DNA- Published on January 31, 2025
Every year, salaried taxpayers hope for lower tax rates, revised tax slabs, and a higher standard deduction to reduce their tax burden
Video credit: Oneindia
Published on February 1, 2025 - 03:13
Union Budget 2025 Personal Tax Bonanza: No Income Tax For Those Earning Up to ₹12 Lakh
In a major relief for taxpayers, Finance Minister Nirmala Sitharaman announced that individuals earning up to ₹12 lakh annually will now be exempt from paying income tax. This unprecedented move aims to boost disposable income, drive consumption, and provide financial relief to the middle class. The government also introduced revised tax slabs and additional deductions to further ease the tax burden. This landmark decision is expected to have a significant impact on salaried employees, small business owners, and self-employed professionals, reshaping India's tax landscape.
#Budget2025 #UnionBudget2025 #IncomeTax2025 #Budget2025Live #BudgetForFarmers #BudgetForWomen #BudgetImpact #RailwayBudget2025 #StockMarketBudget #NirmalaSitharaman #BudgetNews #GoldPricesBudget #SalariedEmployeesBudget #TaxChanges2025 #EconomicGrowth
Also Read
Union Budget 2025: Full List Of What's Costlier, What's Cheaper :: https://www.oneindia.com/business/union-budget-2025-full-list-of-whats-costlier-whats-cheaper-4059353.html?ref=DMDesc
Budget 2025: India To Create 5 Indigenous Small Nuclear Reactors By 2033 :: https://www.oneindia.com/business/budget-2025-india-to-create-5-indigenous-small-nuclear-reactors-by-2033-4059347.html?ref=DMDesc
Income Tax Slabs Budget 2025: No Tax For Individuals Earning Up To Rs 12 Lakh :: https://www.oneindia.com/india/income-tax-slabs-budget-2025-no-income-tax-till-12-lakhs-4059337.html?ref=DMDesc
~HT.97~PR.152~ED.102~GR.125~
You are here

💡 newsR Knowledge: Other News Mentions

Narendra Modi
Prime Minister of India since 2014
European Commission President Ursula von der Leyen experienced India's advanced UPI digital payments system during her visit. She was impressed by its..
Credit: IndiaTimes - Published 2 hours ago
Prime Minister Narendra Modi is set to deliver a keynote address at a webinar discussing the 2026 budget announcements for agriculture and rural sectors...
Credit: IndiaTimes - Published 3 hours ago
Prime Minister Narendra Modi met European Commission President Ursula von der Leyen in Delhi to discuss enhancing their strategic partnership. Von der Leyen,..
Credit: IndiaTimes - Published 5 hours ago
PM Modi and European Commission President Ursula von der Leyen are set to discuss an India-EU Free Trade Agreement and formalize defence and security cooperation..
Credit: IndiaTimes - Published 19 hours ago
Taking to the social media platform X, PM Modi wrote, "I will be attending Jahan-e-30 PM tomorrow, 28th February, at Sunder Nursery in Delhi. This is the 25th..
Credit: IndiaTimes - Published 20 hours ago
Related videos from verified sources
Budget 2025: 12 लाख तक की Income Tax Free होने के बाद क्या Old Tax Regime खत्म � 03:29
Credit: Oneindia - Published on February 3, 2025
Union Budget 2025 Highlights| Middle-Class Relief to Duty-Free Medicines: FM Unveils Landmark Budget 08:33
Credit: Oneindia - Published on February 1, 2025
Budget 2025 Live || Union Budget 2025-26
Credit: Rumble - Published on February 1, 2025
Related news from verified sources
Every year, salaried taxpayers hope for lower tax rates, revised tax slabs, and a higher standard deduction to reduce their tax burden
on January 31, 2025 • DNA
The Congress criticized the BJP over the popcorn tax and highlighted concerning economic issues. Jairam Ramesh emphasized the need for government focus on...
on January 3, 2025 • IndiaTimes
The government is considering raising the standard deduction and adjusting income tax slabs in the upcoming Budget to alleviate middle-class burden. Concessions...
on January 26, 2025 • IndiaTimes