Key Expectations for Salaried Middle Class from Budget 2025..!?
Key Expectations for Salaried Middle Class from Budget 2025..!?
As the central government and Union Finance minister Nirmala Sitharaman prepare to present the Budget 2025 report, the indian middle class is waiting to see if 3 important things will come in this budget, income tax exemption and home loan are the main expectations. A significant reduction in income tax is one of the important expectations of the middle class people. By raising the taxable income limit, monthly salaried people will pay less income tax and have more money left in their hands. This will be used to buy goods and invest. There are also expectations that the central government will reduce tax rates in various income groups. In India, the middle class has been struggling to cope with the rising cost of living and inflation.
As the central government and Union Finance minister Nirmala Sitharaman prepare to present the Budget 2025 report, the indian middle class is waiting to see if 3 important things will come in this budget, income tax exemption and home loan are the main expectations. A significant reduction in income tax is one of the important expectations of the middle class people. By raising the taxable income limit, monthly salaried people will pay less income tax and have more money left in their hands. This will be used to buy goods and invest. There are also expectations that the central government will reduce tax rates in various income groups. In India, the middle class has been struggling to cope with the rising cost of living and inflation.