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Saturday, Feb 1, 2025

Union Budget 2025: Upper hand to middle class

To boost investment, the budget increased the FDI limit in insurance, announced measures to ease regulation and an investment friendliness index of states
The Union Budget 2025-26 announced a tax rebate that would mean people earning up to  ₹12 lakh do not pay any tax at all; the arrival of a much-awaited reform, the new income tax bill, next week; and a continued focus on productive capital expenditure. (Samir Jana/HT Photo)
The Union Budget 2025-26 announced a tax rebate that would mean people earning up to ₹12 lakh do not pay any tax at all; the arrival of a much-awaited reform, the new income tax bill, next week; and a continued focus on productive capital expenditure. (Samir Jana/HT Photo)

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News business Union Budget 2025: Upper hand to middle class