Union Budget 2025: How much money has FM Nirmala Sitharaman put in your pocket?
Finance minister Nirmala Sitharaman has announced income tax exemption for individuals earning up to Rs 12 lakh annually under the new regime, providing a significant tax relief for the middle class. This reform is expected to boost household consumption and savings, though projected to reduce direct tax revenue by Rs 1 lakh crore.
Finance minister Nirmala Sitharaman has announced income tax exemption for individuals earning up to Rs 12 lakh annually under the new regime, providing a significant tax relief for the middle class. This reform is expected to boost household consumption and savings, though projected to reduce direct tax revenue by Rs 1 lakh crore.
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