Budget Recap, Jan. 16 -- With a few days left for Finance Minister Nirmala Sitharaman to announce Budget 2026, taxpayers across India are hoping for more income tax reliefs after the Centre announce bumper tax rate cuts to increase consumption last year.

In Budget 2025, Finance Minister Nirmala Sitharaman made several announcement that came as a boon for taxpayers and salaried people. From income tax rate cuts to new tax slabs, Budget 2025 fulfilled every demand of the middle class.

Here are five income tax announcements FM Sitharaman made during Budget 2025 -

In a surprise announcement, Nirmala Sitharaman announced an exemption from income tax for those earning up to Rs.12 lakh in a booster for the middle class. For the salaried peopl...