India gives tax relief to boost spending power of middle class; Fiscal deficit for 2025-26 seen at 4.4% from 4.8% this year; Missions to boost farm productivity, manufacturing, exports ...

NEW DELHI, Feb 1 (Reuters) - The Indian government on Saturday announced the biggest tax relief in at least a decade to boost consumer demand to revive growth in the world's fifth-largest economy ...

Now, snap out of it, because here’s the plot twist: if you’re part of India’s middle class, this little utopia might stay just that—a dream. Let’s dive into the awkward truths, shall we? 1.

The finance minister announced steps to tackle slowing growth, rising prices and low middle-class consumption. Tax relief for Indian middle class - but will it boost economy? Skip to main content ...