Business and Finance
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Income Tax Slabs 2025-26 Budget 2025 Live Updates: Will Sitharaman Announce Relief For Middle Class?


Published on 2025-02-01 01:41:00 - RepublicWorld
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  • Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26 in the Lok Sabha on Saturday. Union budget 2025-26 is expected to place greater emphasis on the agriculture sector and may introduce tax reforms,

The article from Republic World discusses the anticipation surrounding the Union Budget 2025-26, particularly focusing on potential changes to income tax slabs. Finance Minister Nirmala Sitharaman is expected to address the middle class's expectations for tax relief. The article highlights the ongoing debate about simplifying the tax structure, possibly increasing the tax exemption limit, and adjusting tax rates to provide relief amidst rising inflation and living costs. It also mentions the government's previous efforts to streamline tax regimes and the public's hope for further reforms that could ease the financial burden on the middle-income group. Live updates and reactions from various stakeholders are being covered as the budget presentation approaches.

Read the Full RepublicWorld Article at:
[ https://www.republicworld.com/business/income-tax-slabs-2025-26-budget-2025-live-updates-will-sitharaman-announce-relief-for-middle-class ]