Indian Prime Minister Narendra Modi’s government presented an annual budget to Parliament on Saturday that focused on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and manufacturing.

India announced a series of budget measures, including major investments in agriculture, manufacturing, infrastructure, and nuclear power, aimed at spurring economic growth.

The government is trying to boost domestic demand among its vast middle class as food inflation dents disposable income.

The Union Budget 2025 brought a groundbreaking announcement—income up to Rs 12.75 lakh will now be tax-free under the new tax regime. This major tax relief has sparked widespread reactions, with Shaadi.