The finance minister of India presented the anticipatory budget 2025-26 on 1 February in Parliament, promising a brighter future for salaried and middle-class individuals. While the budget for 2024-2025 does not contribute much to them, this budget looks promising. In her speech, the finance minister stated that individuals earning up to 12 lakhs annually need not pay any income tax to the government, a significant increase from the previous threshold of Rs. 7 lakhs.
