Takeaways from India’s budget that slashes income tax on the salaried middle class to spur growth
- The Indian government presented a budget aimed at the salaried middle class, proposing income tax cuts and increased funding for agriculture and manufacturing to spur growth.
- Finance Minister Nirmala Sitharaman announced plans to boost private investment and raise the income tax threshold to $14,800 from $8,074.
- The budget includes initiatives to support 17 million farmers and formalize India's gig economy workers' access to healthcare.
- Sitharaman highlighted a goal of developing at least 100 GW of nuclear power by 2047 as part of India's clean energy transition.
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Coverage Details
Total News Sources0
Leaning Left9Leaning Right9Center8Last UpdatedBias Distribution35% Left, 35% Right
Bias Distribution
- 35% of the sources lean Left, 35% of the sources lean Right
35% Right
L 35%
C 30%
R 35%
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