Tue Jan 28 10:37:29 IST 2025: ## Budget 2025 to Offer Income Tax Relief, Says Report

**New Delhi, [Date]** – India’s Finance Minister Nirmala Sitharaman is expected to unveil significant income tax relief measures in the upcoming Union Budget 2025, scheduled for February 1st. Economists predict that these tax cuts, which may include raising exemption limits, lowering tax rates, and increasing standard deductions, will boost consumer spending by increasing disposable income. Further incentives are also anticipated under the new tax regime. Industry leaders are advocating for reductions in taxes for individuals earning up to ₹20 lakh annually.

**Other News:**

In other news, Congress President Mallikarjun Kharge criticized BJP leaders for their participation in a religious ceremony, questioning the efficacy of such actions in addressing poverty. Separately, a shocking incident of rape of a fifth-grade girl in Arrah, Bihar has sparked outrage. The girl was allegedly abducted and assaulted by a 60-year-old man while attending a Republic Day school event. Finally, the political landscape in Canada is being discussed, with speculation surrounding the possibility of actress and model Ruby Dhalla succeeding Justin Trudeau as head of the Liberal Party. One woman’s decision to reject a financial aid scheme offered by Arvind Kejriwal highlights the complexities of social welfare programs and individual choices regarding self-reliance.

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