tax relief

‘If You Earned ₹12 Lakh During Nehruji’s Time…’, PM Modi Praises Budget 2025

Prime Minister Narendra Modi took a swipe at the Congress party on Sunday, invoking former prime ministers Jawaharlal Nehru and Indira Gandhi to highlight the heavy taxes imposed during their tenures. In contrast, he praised his government's efforts to ease the tax burden and provide greater relief to the middle...

Budget 2025: Modi Government Announces Big Income Tax Relief for Middle Class

In a bold and forward-thinking move, the Modi government has announced substantial income tax relief for the middle class in the Union Budget 2025. This announcement promises to ease the financial burden on millions of taxpayers and provide a significant boost to household income, savings, and consumption. With a focus...

Budget 2025: How India’s Budget Process Differs From Other Countries

Industries and taxpayers are eagerly awaiting the Union Budget 2025, anticipating changes and announcements from Finance Minister Nirmala Sitharaman. A government budget is more than just an annual statement of financials; it is a forecast of a nation's financial future, detailing estimated expenditures and revenues for the upcoming fiscal year....

When Did The Government Last Announce Income Tax Relief For The Middle Class? Find Out Here

The last significant revision in India's income tax slabs was made in the Union Budget 2023, presented on February 1, 2023, by Finance Minister Nirmala Sitharaman. This marked the first major relief in tax slabs since 2014, bringing much-needed respite to the middle class. Key Changes in Tax Slabs (Budget...