Finance Minister Nirmala Sitharaman is set to present the union budget 2025 and all eyes will be on the much-expected tax relief for the middle class.

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India's federal government is expected to use next month's budget to stimulate economic growth through measures such as income tax cuts, although a significant increase in capital expenditure appears unlikely,

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(Reuters) -India plans to cut personal income tax rates to boost middle-class spending power and seeks to increase private investment to strengthen growth, the 2025-26 budget showed on Saturday. The world's fifth-largest economy is expected to post its slowest growth in four years next year amid frail urban demand and weak private investment,