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Middle Class

Best of BS Opinion: Union Budget 2025 aims to clear multiple hurdles

From nuclear power generation to agri reforms, from a noisy middle class to central bank's moves on interest rates, the government must jump over many obstacles to achieve its objectives

Best of BS Opinion: Union Budget 2025 aims to clear multiple hurdles
Updated On : 03 Feb 2025 | 6:15 AM IST

Union Budget 2025: 9 out of 10 taxpayers will now pay zero income tax

In her post Budget press conference, Nirmala Sitharaman said that an additional one crore taxpayers will pay no tax post her announcement. Here's how

Union Budget 2025: 9 out of 10 taxpayers will now pay zero income tax
Updated On : 02 Feb 2025 | 1:45 PM IST

'Bihar bias, ignored key sectors': P Chidambaram slams Union Budget 2025

Former Finance Minister P Chidambaram accused the government of favouring taxpayers and voters in Bihar in Union Budget 2025

'Bihar bias, ignored key sectors': P Chidambaram slams Union Budget 2025
Updated On : 02 Feb 2025 | 10:02 AM IST

Best of BS Opinion: India's Budget menu: Bold flavours or comfort food?

Our Editorial comment and columnists dissect the Union Budget 2025 to see what makes it tick, and what doesn't

Best of BS Opinion: India's Budget menu: Bold flavours or comfort food?
Updated On : 02 Feb 2025 | 6:15 AM IST

Budget 2025: Charting a new growth path with a boost to the tax net

Higher collections have also resulted in calls to use the opportunity to simplify the goods and services tax structure

Budget 2025: Charting a new growth path with a boost to the tax net
Updated On : 02 Feb 2025 | 12:09 AM IST

Budget: Bihar gets the lion's share; tax relief with eye on middle class

The projects for Bihar in Budget 2025-26 add to the Rs 59,000 cr that the FM allocated to the state in July

Budget: Bihar gets the lion's share; tax relief with eye on middle class
Updated On : 01 Feb 2025 | 11:18 PM IST

Here's how income tax rate tweaks will boost middle class spending

India's economic growth is expected to slow to a four-year low this fiscal year due to weak demand, particularly in urban areas where the cost of living has soared

Here's how income tax rate tweaks will boost middle class spending
Updated On : 01 Feb 2025 | 5:21 PM IST

Budget 2025: FM Sitharaman's tax rebate decision sparks meme-fest online

Budget 2025: Stills from movies like Krrish, Welcome, and television series were being shared widely to encapsulate the sentiment of the taxpayers

Budget 2025: FM Sitharaman's tax rebate decision sparks meme-fest online
Updated On : 01 Feb 2025 | 4:29 PM IST

Transformative direct tax reforms in Budget 2025 for middle class empowerment

The reforms are part of the Government's broader strategy to stimulate consumption, enhance ease of doing business and boosting economic growth

Transformative direct tax reforms in Budget 2025 for middle class empowerment
Updated On : 01 Feb 2025 | 3:44 PM IST

Tax bonanza: What Budget 2025 means for India's beleaguered middle-class

No tax on income up to ₹12 lakh, revised tax slabs, senior citizen benefits, and homeowner relief announced by FM Nirmala Sitharaman to ease the financial burden on the middle-class

Tax bonanza: What Budget 2025 means for India's beleaguered middle-class
Updated On : 01 Feb 2025 | 3:00 PM IST

Will Goddess Lakshmi smile on the middle-class in Union Budget 2025?

As Nirmala Sitharaman gears up for Budget 2025, Indians seek relief from inflation, stagnant wages, job scarcity, and high taxes, hoping for reforms to ease daily financial stress

Will Goddess Lakshmi smile on the middle-class in Union Budget 2025?
Updated On : 01 Feb 2025 | 12:04 PM IST

Budget 2025-26: Taxpayers expect greater exemption limit, simpler filing

Lightening the burden on the middle class will encourage them to spend more, say experts

Budget 2025-26: Taxpayers expect greater exemption limit, simpler filing
Updated On : 24 Jan 2025 | 3:55 PM IST

Middle class a victim of 'tax terrorism': Kejriwal ahead of Budget session

Arvind Kejriwal highlighted the pivotal role of the middle class in driving the Indian economy, lamenting their exploitation for tax purposes without adequate support

Middle class a victim of 'tax terrorism': Kejriwal ahead of Budget session
Updated On : 22 Jan 2025 | 1:38 PM IST

HDFC Bank, Hindustan Unilever squeeze amidst middle class struggles

HDFC Bank and Kotak Mahindra Bank are expected to report increases in bad loans, which should lead to higher provisions and weigh on quarterly profit

HDFC Bank, Hindustan Unilever squeeze amidst middle class struggles
Updated On : 17 Jan 2025 | 2:12 PM IST

Manisha Pande's book reveals middle class India as a driver of change

Ms Pande persuades us well to stop thinking of the middle class as a static, ahistorical entity

Manisha Pande's book reveals middle class India as a driver of change
Updated On : 13 Jan 2025 | 10:44 PM IST

Asia's middle-class growth slows, keeping the 'Asian Dream' out of reach

There is no concrete definition of what such a dream with Asian characteristics means, but inspiration could come from the American Dream, a term coined by writer James Truslow Adams in 1931

Asia's middle-class growth slows, keeping the 'Asian Dream' out of reach
Updated On : 07 Jan 2025 | 10:18 AM IST

Luxury brands bulk up on low-priced products for middle-class shoppers

The companies' renewed focus on more affordable products is meant to appeal to middle-class aspirational customers who are more price sensitive

Luxury brands bulk up on low-priced products for middle-class shoppers
Updated On : 20 Dec 2024 | 11:05 PM IST

Modi govt's policies, corporate tax cuts failed to revive economy: Cong

Asserting that the Centre's policies have "failed" to revive the economy, the Congress on Thursday said the government's strategy of cutting corporate taxes, giving "generous corporate handouts" and raising the tax burden on the salaried middle class has only helped enrich large monopolies without any discernible increase in investment or hiring. Congress general secretary in-charge communications Jairam Ramesh said what is needed for stimulating demand is tax cuts for the salaried middle classes and income support to the poor. His remarks came over a media report which claimed that the sharp slump in economic growth rate to 5.4 per cent in July-September this year has sparked concerns among policy makers that low single-digit income growth in the corporate sector despite four times growth in profits over the last four years, is one of the reasons behind the slowing of demand. In a post on X, Ramesh said, "Private sector profit is at a 15-year-high and has grown four times over the

Modi govt's policies, corporate tax cuts failed to revive economy: Cong
Updated On : 12 Dec 2024 | 1:53 PM IST

India's GDP growth loses momentum: What's behind the urban spending freeze?

India's swelling urban middle class has been the engine of its growth for far longer than government capex has

India's GDP growth loses momentum: What's behind the urban spending freeze?
Updated On : 05 Dec 2024 | 7:40 AM IST