The RBI is expected to cut the repo rate by 25bps in February, easing borrowing costs for the middle class. Analysts predict a total reduction of 100bps in the current cycle, fostering economic growth amid favorable inflation projections.

Apart from Bihar and Chief Minister Nitish Kumar, it seems like the other section of the Indian population that broke into a celebration after Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26 in Delhi,

Finance Minister Nirmala Sitharaman announced no income tax payable up to Rs 12 lakh under the new regime, offering significant relief to the middle class. The new tax slabs include 5% on Rs 4-8 lakh,

As Nirmala Sitharaman presents her eighth consecutive budget, the salaried class will be expecting some relief in income tax rates.