India's Budget Highlights: Income Tax Cuts to Benefit Middle Class and Boost Economy

Reported about 8 hours ago

India's annual budget, presented by Finance Minister Nirmala Sitharaman, aims to spur economic growth by cutting income tax for the salaried middle class and promoting investments in agriculture and manufacturing. The starting point for income tax has been raised significantly, which is expected to enhance household consumption and savings. Additionally, initiatives for gig workers, increased support for farmers, and new funding for startups and clean energy projects were announced, all aimed at creating jobs and improving economic conditions in the country.

Source: YAHOO

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