Budget 2025, Feb. 1 -- Several FMCG, consumer durables and realty stocks jumped higher in intraday trade on Saturday, February 1, after Finance Minister Nirmala Sitharaman announced major tweaks in personal income tax rates and limits in Budget 2025 speech. Nifty FMCG index jumped up to 3 per cent, while the Consumer Durables index jumped over 2 per cent. The Realty index rose over a per cent.

Announcing the good news for the middle class, Nirmala Sitharaman said, "The middle class provide strengths to the economy. In recognition of their contribution, we have periodically reduced the tax burdens. I am now happy to announce that there will be no income tax up to an income of Rs.12 lakhs."

The FM also announced a change in tax slabs, whi...