New Delhi, Feb. 1 -- With Budget 2025 behind us, the focus now shifts to the next market trigger-the Reserve Bank of India's Monetary Policy Committee (MPC) meeting, scheduled for February 5-7.

The Union Budget 2024 offered a big relief to the Indian middle class by tweaking tax rates. Finance Minister Nirmala Sitharaman announced making income up to Rs.12 lakh tax-free from Rs.7 lakh earlier.

"Under the proposed 2025 tax regime, a person earning Rs.25 lakh annually will pay Rs.3.43 lakh in total tax, compared to Rs.4.57 lakh under the 2024 regime. This translates to 5% more money in hand and a monthly saving of around Rs.9,500 - a substantial relief for taxpayers," said Adhil Shetty, CEO, Bankbazaar.com.

Experts say the FM's move is e...