Budget 2025: Will Adjusting the 30% Tax Slab from Rs 15 Lakh to Rs 18 Lakh Benefit the Middle Class?

Budget 2025: Will Adjusting the 30% Tax Slab from Rs 15 Lakh to Rs 18 Lakh Benefit the Middle Class?

With the Union Budget 2025 approaching, taxation remains a critical discussion point, especially concerning its impact on the middle class. A major question arises: will the government revise the 30% tax slab, which has stayed unchanged at Rs 15 lakh since 2020? Given that inflation has risen significantly, with the Cost Inflation Index (CII) climbing … Read more