बजट: नौकरी करने वाले लोगों को राहत की उम्मीद, टैक्स में कटौती का सुझाव

Wed Jan 08 08:40:00 UTC 2025: ## India’s Budget 2025-26 to Focus on Boosting Consumption, Middle-Class Tax Relief Considered

**NEW DELHI** – The Indian Ministry of Finance is currently gathering public feedback for the upcoming 2025-26 budget. Early indications suggest the government will prioritize boosting domestic demand and consumption. Key measures under consideration include tax relief for the middle class, and increased support for the rural economy, welfare schemes, and the agricultural sector. The budget is expected to align with the vision of a developed nation.

Experts suggest that reducing the tax burden on the middle class is a direct way to stimulate consumption. This would increase disposable income, leading to higher spending on goods and services, impacting sectors like real estate and automobiles. Sources indicate the government is considering making the new tax regime more attractive, potentially lowering taxes for salaried individuals and others earning between 10 and 12 lakhs annually. While industry groups advocated for tax relief up to 20 lakhs, the government appears focused on this narrower band within the new tax regime.

Various organizations have submitted diverse proposals, including increasing the 80C deduction limit (though this is considered less likely given the focus on the new tax regime), and enhancing EPFO pensions (with demands ranging up to five-fold increase). There are also calls for the formation of an eighth pay commission and raising the standard deduction limit from ₹75,000, with speculation of an increase to ₹100,000.

The government is actively soliciting public input through its mygov.in platform until January 10th, aiming to incorporate constructive suggestions into the budget.