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Finance Minister Nirmala Sitharaman presented Budget 2025 and hiked the tax rebate available to individual taxpayers to ₹12 lakh from next fiscal, from ₹seven lakh currently.

The White House said Saturday that President Trump has signed an order hiking Trump tariffs vs. Canada, Mexico and China. Amazon, Google, Palantir earnings loom.

With the new tax slabs, the standard deduction of ₹75,000, over and above the ₹12 lakh limit under the new tax regime, furthers the agenda of driving up savings, investments and consumption.

With a rejig of Income Tax slabs, the expectation is that the money saved will flow back into the economy through consumption ...