Finance Minister Sitharaman Update on Budget 2025 As the Indian government prepares for the FY26 Budget, Barclays has made bold predictions about potential personal income tax cuts that could boost consumption and drive demand. With expectations of a new tax regime that benefits more taxpayers, will you see more money in your pocket? Tune in to find out how these changes might affect your finances and what to expect from Finance Minister Nirmala Sitharaman's upcoming announcement on February 1! The new tax regime exempts income up to ₹3 lakh. Those earning annually between ₹3-7 lakh pay 5% tax, ₹7-10 lakh (10%), ₹10-12 lakh (15%), ₹12-15 lakh (20%) and above ₹15 lakh (30%) #Budget2025 #TaxCuts #FinanceMinister #NirmalaSitharaman #PersonalFinance #BizzBuzz #Shorts
Finance Minister Sitharaman Update on Budget 2025 As the Indian government prepares for the FY26 Budget, Barclays has made bold predictions about potential personal income tax cuts that could boost consumption and drive demand. With expectations of a new tax regime that benefits more taxpayers, will you see more money in your pocket? Tune in to find out how these changes might affect your finances and what to expect from Finance Minister Nirmala Sitharaman's upcoming announcement on February 1! The new tax regime exempts income up to ₹3 lakh. Those earning annually between ₹3-7 lakh pay 5% tax, ₹7-10 lakh (10%), ₹10-12 lakh (15%), ₹12-15 lakh (20%) and above ₹15 lakh (30%) #Budget2025 #TaxCuts #FinanceMinister #NirmalaSitharaman #PersonalFinance #BizzBuzz #Shorts