Tax relief for middle-class to bolster growth in 2025: Corporate India

Continuing his attention to the development of rapid infrastructure, the government this time helped its growth resolution to low-income for individuals. Minister of Finance Nirala Sitaraman lowed the income tax burden annually, earning 12 lakhs, earning 12 lakhs, which is combined with the agricultural sector, Corporate India delighted the union’s budget for FY2026.

According to Mahindra Group’s Anish Shahi, the General Director of the Mahindra Group, the topic of India remains in this budget with efforts to reduce India’s production costs. In addition to issuing immediate impulse in demand and growth, the budget emphasizes the long-term growth through significant infrastructure investments and is in the center of intense focus.

“We praise the 2025 union budget for continuous support for strong consumption through changes in the tax structure, which are effective in the hands of Indian consumer. This will encourage the private sector Capex to move in a positive direction, “says interest.

Mohit Malhotra, CEO Dabur India feels that the tax relief proposed in the budget will help stimulate the economy by increasing consumption. “Union Budget 2025-26 is a key step towards the financial welfare of millions of middle class families and improving the quality of life. Significant tax aid measures, in particular, will provide basic financial respect for middle-class families, increasing their disposable income, encouraging expenses and promoting general economic growth. This focus on the middle class solves the long-term demand and is a positive step towards a more comprehensive and strong economy. I am optimistic that this step will help to shock the slowdown of urban consumption and return it to the growth track, “says Malhotra.

According to him, the budget emphasizes on the agricultural sector, with enhanced support through Kisan’s credit card borders and targeted financial incentives, is commendable. These funds will not only strengthen the agricultural spine of our country, but also provide food security and a steady growth in the field.

“Union’s budget 2025-26 is a bold and primary program, which places the middle class at its core, while ensuring inclusive and stable growth in all areas. Strategic concentration for middle-class families will raise household moods on the measures aimed at increasing the targeted tax relief and social security, will promote one-time income and driving consumption. This will provide many necessary financial stability of masses, “says FMCG’s MD & Ceo’s Saugata Gupa, MD & Ceo.

According to the distribution of 1.71 rubles in gupta, agriculture and allied actions, which is combined with such initiatives, Aologistbatha, and Prime Minister Dani-Dianyan Krishian will accompany agricultural farms and make sure farmers have significant resources to access significant resources. :

“This is a well-structured and advanced budget that is in line with the vision of the Government of Vixse Bharat. It maintains strong attention to inclusive growth, including agriculture, agriculture, women’s strengthening and production. The ongoing emphasis on the capital is commendable, “said Harsha Vardhan Agarwal, BGM, Emam LLC, adding that the main need for this budget is about personal income tax. This step is expected to promote consumption and drive conceptual expenses, ultimately strengthening the general economic momentum. “

Sanjay Dutt, CEO and MD, TATA real estate and infrastructure believes that the budget emphasizes India’s attacking vision for stable growth, urban transformation and infrastructure excellence.

“We praise the comprehensive government approach, with its emphasis, increasing the purchasing power, and by strengthening urban infrastructure, management and land use planning, housing provides housing. In addition, the extension of tax benefits for self-employed properties and interest rates increases homeowners, making households more accessible and financially feasible, “says Dutt.