India offers middle class tax relief to support growth. Targets closer budget gap
India Finance Minister Nirmala Sitharaman holds a dossier with the Indian logo government as it puts with its officials, leaving its office to present the annual budget to Parliament in New Delhi, India, on February 1, 2025 – Reuters New Delhi: India plans to reduce the income tax rates to boost middle class costs, Finance Minister Nirmala Sitharaman said on Saturday, as it announced an annual budget that has also sought to increase private investment. The fifth largest economy in the world is expected to publish its slowest increase in four years in the following year amid urban demand and




