Nirmala Sitharaman
Nirmala Sitharaman, delivers a wide-ranging economic reset focused on income tax restructuring, investment growth and sectoral reforms. The new framework expands tax slabs under the new regime, offering targeted relief for middle-class and upper-middle-income earners while maintaining continuity in both old and new tax structures. The 30% tax bracket now applies only to income above ₹24 lakh, shifting significantly from the earlier ₹15 lakh threshold and delivering major relief to earners in the ₹15–₹24 lakh segment. Price relief is expected across essentials, healthcare imports, personal-use imported goods, energy inputs, education-linked sectors, and manufacturing components due to customs exemptions and duty relaxations. WATCH
Updated 1 month ago

A heated exchange erupted in the Lok Sabha between Finance Minister Nirmala Sitharaman and Congress MP Gaurav Gogoi. The war of words intensified when Sitharaman demanded an apology from Gogoi. The confrontation led to a major disruption in the session, with the atmosphere in the House becoming highly charged.
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