The government is trying to boost domestic demand among its vast middle class as food inflation dents disposable income.

Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and ...

The Indian government on Saturday announced the biggest tax relief in at least a decade to boost consumer demand to revive ...

"The new structure will reduce taxes on middle class and leave more money in their hands, boosting household consumption, savings and investment," Sitharaman said in parliament. The move will result ...

Income tax rates slashed as the world’s fifth largest economy focuses on spurring domestic demand and economic growth.

Middle-class professionals like Bhavesh Brahmadutt (extreme left), who have to support both their children and parents, are hoping India's 2025 budget will include tax incentives. NEW DELHI ...

In line with the government’s commitment to address the woes of the middle class, the Budget has proposed some key reforms which will go long way in uplifting household sentiments and enhancing ...

the Finance Minister proposed that there will be no income tax on average monthly income of up to Rs one lakh to boost middle-class household savings and consumption. She said the budget aims to ...

Budget brought significant tax relief for the middle-class, introducing new tax slabs for lower incomes. Bihar saw positive changes with new infrastructure and agriculture initiatives. Agriculture, ...

Many Indian definitions of the middle class clash with global definitions, and the sparse availability of household consumption and expenditure data further complicates estimations of India’s middle ...

Many Indian definitions of the middle class clash with global definitions, and the sparse availability of household consumption and expenditure data further complicates estimations of India’s middle ...

Photo courtesy: PIB In her record eighth Budget Presentation, Indian Finance Minister Nirmala ... will substantially reduce the taxes of the middle class and leave more money in their hands, boosting ...