Budget 2025: Tax simplification, middle class relief, and MSME support on the cards

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Sources indicate that the government is actively considering measures to provide relief to the middle class, potentially through adjustments in income tax structures and increased exemption limits for individuals earning up to ₹15 lakh. A major policy focus is expected to be enhancing the spending power of the middle class. Many within the government advocate for putting more disposable income in the hands of citizens to drive consumption and reignite economic growth.

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