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Wednesday, February 5, 2025

Zomato CEO Gives Update On "Pay Rs 20 Lakh" For Chief Of Staff Job Listing

Zomato CEO Deepinder Goyal has shared an update on the company's ongoing search for Chief of Staff candidates. He revealed that after vetting over 18,000 applications, the company offered jobs to 30 individuals, and 18 have already joined Zomato and its sister concerns, including Blinkit.

"These are exceptional people-founders who bootstrapped startups, engineers who rewrote entire tech stacks over a weekend, operators who turned chaos into scale, and fresh graduates with sharp minds," Mr Goyal wrote on LinkedIn.

He said the selection process focused on finding individuals with a long-term mindset - those who understand "compounding impact" and were committed to building for the future. Of the 18 who joined so far, four work directly with Mr Goyal, and two hold Chief of Staff roles.

Mr Goyal also addressed concerns about the applicants who were supposed to pay Rs 20 lakh upfront for consideration. He clarified that none of the selected candidates had to pay anything, saying, "They're being handsomely compensated for the value they bring, and nobody paid anything to work with us."

In November 2024, the unusual job listing sparked controversy, and Mr Goyal had to explain that the Rs 20 lakh clause was merely a filter to identify candidates who valued fast-track career opportunities without being deterred by constraints.

"The 'You have to pay us 20 lacs' was merely a filter to find people who had the power to appreciate the opportunity of a fast-track career," he wrote.

He further clarified that Zomato had no intention of actually charging anyone and that the company would reject most applications from those who even mentioned the money.

Deepinder Goyal also announced a new job opening for candidates who use artificial intelligence as their "second brain." He invited interested candidates to apply with the subject line: "I have a second brain."



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Tuesday, February 4, 2025

iQOO Neo 10R Confirmed to Launch in India on March 11

iQOO has finally revealed when the iQOO Neo 10R will be launched in India. The Vivo sub-brand through its social media handles announced the launch date of the new Neo smartphone on Tuesday. The iQOO Neo 10R will go on sale on Amazon. It is already confirmed to ship with Qualcomm's Snapdragon 8s Gen 3 chipset. The iQOO 10R is tipped to feature a 1.5K OLED display with...

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Samsung Galaxy S26 Ultra Tipped to Get Under-Display Camera (UDC) Similar to Galaxy Z Fold 6

Samsung hasn't introduced any significant upgrades to the front camera setup on its flagship phones in recent years, but the latest leak suggests that the Galaxy S26 Ultra may change this trend. Early prototypes of the Galaxy S26 Ultra are said to be missing the selfie camera cutout in their displays, which could mean that next year's Ultra model could borrow a featur...

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Monday, February 3, 2025

PM Modi vs Arvind Kejriwal In BJP, AAP's Final Blasts Before Delhi Polls

The Aam Aadmi Party vs Bharatiya Janata Party battle for Delhi - voting for the 2025 Assembly election is in less than 48 hours - hit the home stretch Monday with senior figures from both sides, including AAP boss Arvind Kejriwal and Prime Minister Narendra Modi and Home Minister Amit Shah for the BJP, exchanging fierce jabs, and accusing the other of corruption and failing the city's residents.

Mr Kejriwal - borrowing a page from the Congress' book - set the ball rolling this morning by alleging it had done "nothing for the common people, except benefitting billionaire friends" over the last decade.

Taking on the BJP over its 'double-engine' push, i.e., the belief that having its government at the centre and state will speed up development, the AAP leader wrote on X in Hindi, "It has become clear... if such a government is in power, it will crush all under its wheels... poor and middle class."

He also pointed to Finance Minister Nirmala Sitharaman's announcement Saturday - that individual taxpayers earning up to Rs 12 lakh need not pay income tax - and claimed it to be a populist move.

"As soon as you gave them fewer seats in the Lok Sabha (the BJP won only 240 seats in last year's federal election, compared to 303 in the 2019 poll), they immediately gave 'discount' of Rs 12 lakh.

"And, once you defeat them in Delhi, you will see they will halve GST (Goods and Services Tax, distribution of funds from which is a key issue between states and the centre) rates on all goods."

Also, Mr Kejriwal - who has also had a run-in with the Election Commission last week, over his comment about the BJP's Haryana government "poisoning" the Yamuna water supply - took up that cudgel again, claiming the poll panel had "surrendered before the Bharatiya Janata Party".

"... this raises a very big question... Rajiv Kumarji, who is the Chief Election Commissioner, is retiring at the end of this month. What kind of post has been offered post-retirement? Governor, President?" he hinted darkly. "I request Rajiv Kumarji... do your duty... do not destroy the country's democracy."

Neither the EC nor Mr Kumar have responded so far, but the BJP has; the party hit back swiftly - a multi-pronged response led by Prime Minister Narendra Modi, who addressed Delhi students today to rebut one of the AAP's biggest projects - improvements to government-run schools.

Mr Modi reminded his rival the people of Delhi will have the final say.

"I have heard in Delhi, they (the AAP) do not allow all children to study further after Class IX. Only those who are guaranteed to pass are allowed... because if the result is bad, their (the AAP's) reputation will be ruined. That is why dishonest work is done," he told students.

Education has been a key issue in the build-up to this election; all three major parties - AAP, BJP, and Congress - have made it a point to offer sops and freebies for students, including concessions on Metro fares and free travel on the public bus system, as well as financial assistance.

READ | Free Bus Travel, 50% Off On Metro Fares For Students: AAP Manifesto

The PM's right-hand man, Home Minister Amit Shah, was also in action, at Jungpura, from where his opposite, Manish Sisodia will contest. Mr Shah's chosen point of attack was the alleged liquor excise scam, in connection with which Mr Sisodia and Mr Kejriwal had been jailed on corruption claims.

"Sisodia has come here. You ask him... what did he do that he had to leave Patparganj (the seat he won in the 2020 Delhi election). As a Deputy CM, he did one work - opened liquor shops near temples, schools, and gurudwaras. There is only one Education Minister... who went to jail in the liquor scam..."

Delhi will vote in a single-phase Assembly election on Wednesday, with results due three days later.

The AAP - which many believes is battling for its political future - is hoping for a third successive term, while the BJP has poured money and resources into ousting Mr Kejriwal.

With input from agencies

NDTV is now available on WhatsApp channels. Click on the link to get all the latest updates from NDTV on your chat.



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"Drink Yamuna Water, Will Meet You In...": Rahul Gandhi Jabs Arvind Kejriwal

In a no-holds-bar attack on Aam Aadmi Party national convenor Arvind Kejriwal on Sunday, Congress leader Rahul Gandhi pointed to the previous promise of the former Delhi Chief Minister to clean the Yamuna River, challenging him to take a dip in the river.

Taking a jibe at Mr Kejriwal, Mr Gandhi asked him to take a sip of Yamuna River and said he would meet him in hospital later.

"Arvind Kejriwal said that he will bring a new political system, will finish corruption...He also promised that he would clean the Yamuna water within 5 years, and would take a dip in it but it is still dirty...I would ask him to drink it, we will meet in the hospital after that," Mr Gandhi said while addressing a public meeting in Hauz Qazi Chowk.

Criticising the "core team" of 9 people of AAP, including Manish Sisodia, Atishi, Sanjay Singh, Raghav Chaddha, Satyendra Jain and others, he likened them to being similar to Prime Minister Narendra Modi.

While holding a pamphlet of AAP with the faces of its leaders, he added, "These 9 people are Kejriwal's core team, I am reading the names, Kejriwal, his partner Sisodia, Atishi, Sanjay Singh, Raghav Chadha, Sandeep Pathak, Satendra Jain, Avad Ojha, how many of these people are in the 90%? No one from the Dalit OBC, or Muslim community is there...they make their team and when there is a riot anywhere, they disappear."

"There is no difference between Kejriwal and Modi, Modi speaks openly, Kejriwal remains silent, and does not come when needed," he added.

Saying that the election fight is actually in reality between just two ideologies, one of "unity" and one of "hatred."

"The fight is between two parties, the two parties have two ideologies, one is BJP RSS which is the ideology of hatred and the other is Congress which is the ideology of unity. Narendra Modi is the PM today but the day he will step down, no one will remember him, there were two people in this country, (Mahatma) Gandhi and Godse, no one remembers Godse," he added.

The Delhi Assembly elections are scheduled to take place on February 5, with the vote counting on February 8.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



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"How Can We Allow...": Gandhi Siblings Speak Out On Kerala Teen's Suicide

Amid the outrage over a 15-year-old's suicide in Kerala's Kochi, allegedly after he was ragged at school, Congress MPs and siblings Rahul Gandhi and Priyanka Gandhi Vadra have said the loss of the young life was heartbreaking and said those responsible for the tragedy must be held accountable.

Mihir Ahammed died by suicide on January 15 after jumping from their 26th-floor flat in Kochi's Thripunithara, barely an hour after he returned from school. His mother Rajna PM has alleged that after Mihir's death, she and her husband learnt that Mihir was brutally ragged and bullied by some schoolmates.

"Mihir was beaten, verbally abused, and forced to endure unimaginable humiliation even on his last day. He was forcibly taken to the washroom, made to lick a toilet seat, and had his head pushed into the toilet while it was flushed. These acts of cruelty broke him in ways we cannot fathom." Mihir's mother said he was also bullied for his skin colour. Police registered a case of suicide after Mihir's death, but his mother wrote to Chief Minister Pinarayi Vijayan and the state police chief, seeking a thorough probe into her son's death. Kerala Police have now set up a special team to probe the case.

Reacting to the tragic incident, Leader of the Opposition in Lok Sabha Rahul Gandhi said "bullying is not harmless; it destroys lives".

"The tragic loss of Mihir Ahammed to suicide due to bullying in a Kerala school is heartbreaking. My deepest condolences to his family. No child should endure what Mihir faced. Schools must be safe havens for children yet he suffered relentless torment. Those responsible -both bullies and those who failed to act - must be held accountable," he said in a post on X.

"Bullying isn't harmless; it destroys lives. Parents must teach kindness, love, empathy, and the courage to speak up. Believe your child if they say they're being bullied, and intervene if they are the bully," Mr Gandhi said.

Priyanka Gandhi Vadra, MP from Kerala's Wayanad and Mr Gandhi's sister, said the letter written by Mihir's mother describing what he went through was "heartbreaking". "As mothers, all we wish for, is the safety and happiness of our children. I cannot even imagine the pain and anger she must feel to know that her child was tortured and hounded in the way she has described. Her fight for justice is an act of bravery and fortitude," she said in a post on X.

"The school authorities should have the courage to acknowledge the reality of this crime, accept responsibility and not attempt to cover it up. It is their duty, and the duty of the state government to do all they can to provide justice for Mihir," Ms Gandhi said.

She asked, "How can we allow children to be subjected to this kind of cruelty and criminality and do nothing? It's about time strict laws are brought in to prevent ragging and protect young people who deserve safety and support as they build their futures. My heart goes out to you Rajna, I stand with you in your fight for justice."

Mihir's mother has also criticised the school's response. "When I approached the school authorities with evidence and demanded accountability, they only informed me that the information was forwarded to the police. I strongly believe they are attempting to cover up these incidents to protect the school's reputation," she said.

Top actors have spoken out against the ragging culture in the wake of Mihir's death. Samantha Ruth Prabhu said the news had "absolutely shattered" her. "It's 2025. Yet, we've lost another bright young life, snuffed out because a few individuals, filled with hate and venom pushed someone to the brink!"

She said Mihir's death is a 'reminder that bullying, harassment, and ragging are not just 'harmless traditions' or 'rites of passage'. "They are violence - psychological, emotional, and sometimes, even physical. We have stringent anti-ragging laws apparently, yet our students continue to suffer in silence, afraid to speak up, afraid of consequences, afraid that no one will listen. Where are we failing?"

Actor Prithiviraj Sukumaran said in an Instagram post, "Parents, homes, teachers, schools, Empathy is lesson no. 1". Actor Keerthy Suresh described the teen's death as "heart-wrenching". "If ragging starts in school and a group of kids has tortured a boy to the extent that he took his own life, what a shame! Can't stop thinking of this grieving mother and her family."



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Opinion: Can Bangladesh-Pakistan Warming Be A Threat To South Asia?

The geopolitical landscape of South Asia is currently abuzz with discussions on the renewed warmth in Pakistan–Bangladesh relations. In India—and consequently, much of the world—the perception of this relationship is deeply shaped by historical events, particularly those of March 1971, when the Pakistan Army launched genocidal attacks on intellectuals at Dhaka University and others who championed the cause of Bangladeshi independence. The images of December 1971, culminating in Pakistan's surrender and the triumphant return of Sheikh Mujibur Rahman to Dhaka in January 1972, further reinforce this perspective.

Old Assumptions Die Hard

Given these historical narratives, a long-standing assumption has taken root in the Indian psyche that after Pakistan's division into two nations and its decisive military defeat—marked by the surrender of 93,000 prisoners of war—it no longer posed a significant military threat to India. Another widely held belief is that Bangladesh, owing its birth as a nation to India's intervention and sacrifices in the 1971 Indo-Pak War, would remain perpetually grateful and maintain strong ties with India. While Indo-Bangladesh relations have remained largely positive over the decades, certain factors—such as the assassination of Sheikh Mujib in 1975, the sheltering of separatist leaders from India's Northeast in Dhaka, and the persistent issue of illegal migration—have occasionally strained perceptions. Nevertheless, the idea of Bangladesh realigning with Pakistan after 54 years remains inconceivable to many.

Over these five decades, India has played a pivotal role in Bangladesh's economic growth through trade, investment, infrastructure projects, energy cooperation, technical training, financial aid, and policy support. These contributions have significantly enhanced Bangladesh's economic capabilities and global standing. However, does a regime change in Dhaka now position India as an adversary in the eyes of Bangladesh's leadership? The brutal history of the Pakistan Army's actions in 1971—rape, torture, and genocide—seems to have faded from collective memory. The recent high-profile visits between Pakistan and Bangladesh appear to challenge the longstanding Indo-Bangladesh partnership.

The Goings-On In Chittagong

One of the most notable visits was that of a six-member high-level delegation from the Bangladesh Army to Rawalpindi, led by Lt Gen Kamrul Zaman, Principal Staff Officer of the Bangladesh Armed Forces Division—effectively the second-in-command after the Chief. Shortly thereafter, Pakistan's ISI Director General of Analysis, Maj Gen Shahid Amir Afsar, along with other senior officials, visited Dhaka. Unconfirmed reports suggest that this delegation travelled to Rangpur, a cantonment near the Siliguri Corridor—an area often perceived as India's Achilles' heel, though perhaps not as vulnerable as it is made out to be. The delegation also visited Chittagong and held meetings with tribal leaders.

A fundamental truth in international relations is that a change in regime does not automatically render the people of one nation hostile to another. However, the new Bangladesh government—questionably constituted as it is—seems intent on shifting the subcontinental balance. The hastily arranged exchanges between Bangladesh and Pakistan, particularly the visits to Rangpur and beyond, signal a potential realignment that India cannot afford to ignore.

Chittagong presents an obvious signal to any observer that the military establishment is attempting to highlight India's perceived vulnerabilities—suggesting that these vulnerabilities are jointly in the crosshairs of Pakistan and Bangladesh. However, no serious military strategist would interpret this as a direct threat; a mere high-level visit does not constitute one. Instead, what the Pakistan-Bangladesh duo is attempting is to send a message—perhaps several.

Messages To India

First, they aim to indicate that peace and stability along the Bangladesh border cannot be taken for granted while India is focused on securing its western front. Second, they seek to demonstrate that both nations and their militaries are willing to set aside their turbulent past and cooperate against perceived common threats.

Until now, one reassuring factor in Bangladesh has been that the Bangladesh Army remained only partially influenced by political turmoil and street-level unrest. That it has now been increasingly swayed by the growing anti-India sentiment in Bangladesh is not entirely surprising. Notably, Sheikh Hasina's safe evacuation to India occurred with the Army's support. So far, there had been little evidence of a shift in its outlook, though some signs may have existed.

Let The Pragmatists Speak

Personally, I have always held a positive view of the Bangladesh Army. Its senior leadership had the intellectual bandwidth to engage with me for an hour on my perspectives regarding political Islam and the need for a balanced approach. In professional interactions—particularly within UN peacekeeping operations—Bangladesh Army officers have consistently demonstrated a mature and pragmatic approach to faith. In fact, it has been the Bangladesh Army that has served as a buffer, preventing Bangladesh from succumbing entirely to Islamist radicalisation.

It would do well to learn from the experience of the Pakistan Army, which is now grappling with the consequences of fostering radicalism and terrorism—finding it impossible to dismount the proverbial tiger. Fortunately, there are still enough pragmatists in Dhaka, both in and out of uniform, who understand the risks of aligning too closely with Pakistan.

Trumpian Concerns

Meanwhile, Trump 2.0 is unlikely to be amused by the reckless policies of the Biden administration that facilitated Mohammad Yunus's rise to power—along with a government that shows little regard for its minority communities. Given that the economy is faltering and manufacturing is at its lowest in years, Trump has the leverage to reverse the situation with strategic aid manipulation.

Also, with External Affairs Minister Jaishankar already engaged with the new U.S. administration and Prime Minister Modi expected to meet President Trump in February 2025, a favourable outcome seems likely. Trump has little tolerance for those seeking to create instability where none exists. 
India, on its part, remains unfazed by recent developments, maintaining its strategy of quiet diplomacy over rhetoric—an approach that continues to be its best bet.

(The writer is a Member of the National Disaster Management Authority, Chancellor of the Central University of Kashmir, and Former GOC of the Srinagar-based 15 Corps.)

Disclaimer: These are the personal opinions of the author



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Sunday, February 2, 2025

"Balanced Budget": Nirmala Sitharaman To NDTV On 'Viksit Bharat', Welfare

Finance Minister Nirmala Sitharaman, in her first interview after presenting the Union Budget 2025, told NDTV that the government has created a balance between strengthening the foundation or a 'Viksit Bharat' and equally focusing on key sectors like health, nutrition and education through welfare schemes.
 

Details to follow. 



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"Ram, Sita Where Are You?": MP Breaks Down After Dalit Woman Raped, Killed

Faizabad MP Awadhesh Prasad broke down during a press meet today and said he would resign from Lok Sabha if the family of a 22-year-old Dalit woman, found raped and murdered near Ayodhya, did not get justice. Ayodhya is part of the Faizabad parliamentary constituency. 

A video of the press meet that is now viral shows the Faizabad MP crying and others consoling him. "Let me go to Delhi. I will raise this matter in Lok Sabha before (Prime Minister Narendra) Modi. I will resign from Lok Sabha if we do not get justice. We are failing to save daughters. How will history judge us? How did this happen to our daughter," the Samajwadi Party MP is heard saying. "Maryada Purushottam Ram, Mother Sita, where are you?" As he keeps saying he would resign, others say he has to ensure justice for the victim.

The chilling crime occurred days ahead of the bypoll in the Milkipur Assembly segment in Ayodhya. Mr Prasad vacated the seat after being elected to Lok Sabha. Chief Minister Yogi Adityanath and Samajwadi Party chief Akhilesh Yadav are leading the BJP and SP campaigns, respectively and the rape-murder is sure to be a key talking point in the run-up to the February 5 election. 

The 22-year-old rape-murder victim's body was found in a canal in Ayodhya district yesterday. She had gone to a religious gathering on Thursday night but did not return home. The family members have alleged that when they approached police, they were told to look for the woman on their own.

The family members have alleged that the body was not clothed and that the victim's eyes were missing. There were marks of serious injury on the body and the limbs were tied with ropes, they said.

Police have said they were investigating the matter. Circle Officer Ashutosh Tiwari said police had registered a missing complaint after the family filed a complaint Friday.

The body has been sent for autopsy and the result will determine the further course of action. "Once we receive the post-mortem findings, we will proceed accordingly," he told news agency PTI.

The victim's relatives said she had gone to Bhagavad Katha, but did not return home. "We found her body in the canal, unclothed and tied with ropes. Her bones were broken. She has been killed mercilessly," a relative said.



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"Sorry To Spoil Udta Assam Party": Himanta Sarma As Poppy Farms Destroyed

Around 170 bighas (over 56 acres) of poppy farming worth more than Rs 27 crore were destroyed in Goalpara district of Assam in January, Chief Minister Himanta Biswa Sarma said on Sunday.

"Dear Local Pablo Escobars, Sorry to spoil your planned Udta Assam party! Because @Goalpara_Police destroyed 170 Bighas of poppy cultivation in the Char areas worth Rs 27.20 crore in January," Mr Sarma said in a post on X.

He also uploaded a video, showing a tractor smashing the purported poppy plantation amid the presence of a huge posse of policemen.

"So next time you think of drugs, think of @assampolice first. #AssamAgainstDrugs," the Chief Minister said.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



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Canadian PM Trudeau's Emotional Message To Americans After Trump Tariffs

After US President Donald Trump signed an executive order imposing 25 per cent tariffs on almost everything imported from Canada, outgoing Canadian Prime Minister Justin Trudeau offered a reminder to Americans that his country has been at their side in the "darkest hours" -- be it Iran hostage crisis and war in Afghanistan, or deadly natural disasters such as Hurricane Katrina and the recent California wildfires. 

Addressing Americans directly from a press conference in Ottawa, Trudeau said he had no choice but to impose countermeasures.

"From the beaches of Normandy to the mountains of the Korean peninsula, from the fields of Flanders to the streets of Kandahar, we have fought and died alongside you during your darkest hours," Trudeau said. "We've built the most successful economic, military and security partnership the world has ever seen...We're always there, standing with you."

Noting that the US and Canada have had differences in the past, Trudeau said that both countries always found a way to get past them. 

"As I've said before, if President Trump wants to usher in a new golden age for the United States, the better path is to partner with Canada, not to punish us," he said.

"Unfortunately, the actions taken today by the White House split us apart instead of bringing us together," Trudeau added.

Canada Hits Back

"Canada will be responding to the US trade action with 25 per cent tariffs against Can$155 billion ($106 billion) worth of American goods," he said in a dramatic tone as he warned of a fracture in longstanding Canada-US ties.

The first round of tariffs would target Can$30 billion worth of US goods on Tuesday followed by further tariffs on Can$125 billion worth of products in three weeks.

"We're certainly not looking to escalate. But we will stand up for Canada, for Canadians, for Canadian jobs," Trudeau said.

He said the trade conflict will have "real consequences" for Canadians but also for Americans, who he said will suffer due to their President's actions.

"Tariffs against Canada will put your jobs at risk, potentially shutting down American auto assembly plants and other manufacturing facilities," the Canadian Prime Minister told US citizens. 

"They will raise costs for you, including food at the grocery store and gas at the pump," he added.

The tariffs will apply to "everyday items" such as American beer, wine and bourbon as well as fruits, vegetables, consumer appliances, lumber and plastics, he added -- "with much, much more."

Trump's Taxes

US President Donald Trump earlier announced broad tariffs on Canada, Mexico and China, citing a threat from illegal immigration and drugs.

Canadian exports to the United States will face a 25 per cent tariff starting Tuesday, although energy resources from Canada will have a lower 10 per cent levy.

The 9,000-km (5,600-mile) U.S.-Canada border handles over $2.5 billion in trade a day, especially in energy and manufacturing, according to Canadian government data from 2023.

In 2023, Canada exported close to C$550 billion worth of goods and services to the U.S., or more than three-fourths of its total exports. Energy accounted for 30 per cent and manufacturing contributed around 15 per cent to exports south of the border.

Exports to the US account for roughly 17.8 per cent of Canadian gross domestic product and more than 2.4 million jobs in Canada.
 



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Saturday, February 1, 2025

No Income Tax Up To Rs 12 Lakh: Internet Flags Questions, Confusion

Finance Minister Nirmala Sitharaman announced revised tax slabs and rates under the new regime to reduce the burden for all taxpayers. There will be no tax burden on up to Rs 12 lakh annual income, except special income. The revised slabs will benefit those earning more than that from the next financial year.

People on social media have welcomed the Centre's decision to reform the tax structure with memes, while some users have posted questions amid confusion over how much will taxpayers save after the changes.

Under the new regime, there is no tax on income up to Rs 12 lakh, and no tax on income up to Rs 12.75 lakh for salaried people, due to the standard deduction of Rs 75,000.

How People Reacted To the Centre's Decision:

Amid confusion over tax breaks and revised tax structure, a user posted simplified the changes and said, "If income upto 12 lacs, taxes will be calculated as per stated slabs but whatever tax comes will be offset via rebate u/s 87 A."

"If income is above 12 lacs, rebate will not be available hence tax starting as per slab rates."

The new structure will substantially reduce taxes on the middle class and leave more money in their hands, boosting household consumption, savings and investment, the government said.

What Domain Experts Say

Domain experts have said the decision is in "the right direction to incentivize taxpayers" and will provide greater disposable income for the middle class.

"The Budget has raised the tax exemption limit to 12 lakhs and has also revised & rationalized the slab rate structure under the new tax regime. This is clearly the right direction to incentivize taxpayers as we gradually adopt the new regime. Also, this will significantly push the disposable incomes into the hands of the middle-class salaried taxpayers. This will go a long way in driving consumption across sectors especially real estate in the affordable and mid-segment," Vimal Nadar, Head of Research at Colliers India, said.

"With the new provisions, there will be no tax liability on income up to Rs 12 lakh, leading to substantial savings for taxpayers. Additionally, the revised tax slab rates have been structured to provide further benefits, ensuring greater disposable income for the middle class. As the backbone of the Indian economy, this move is expected to drive consumption and further boost economic growth," Nitin Baijal, Executive Director, Deloitte India, said.

"The finance minister acknowledged the admirable energy and ability of the middle class in nation-building and recognizing their contribution towards nation-building, proposed a substantial increase in the tax exemption threshold for individuals opting for the new tax regime. Under this change, individuals who are residents in India can claim rebates and are effectively not required to pay taxes if their total income is up to INR12 lakhs. This is applicable if they do not have any other income that is subject to special rates (for example capital gains)," Sudhakar Sethuraman, Partner, Deloitte India said.

Income Tax India posted an FAQ on X, answering questions related to the changes to the New Tax regime structure.

Several users have called it a "super" decision by the government to ease the tax burden on the middle class. CRED Founder Kunal Shah said, "New income tax limits could cause big jump in Gen Z consumption spends."

A taxpayer in the new regime with an income of Rs 12 lakh will get a benefit of Rs 80,000 in tax (which is 100 per cent of tax payable as per existing rates).



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Giant Tax Relief For Middle Class: No Income Tax On Income Up To Rs 12 Lakh

There will be no income tax payable up to Rs 12 lakh - i.e., up to Rs 12.75 lakh including standard deductions - under the new regime, Union Finance Minister Nirmala Sitharaman said Saturday as she read out the Union Budget 2025.



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