India Mulls Cutting Personal Income Tax in Feb. Budget: Reuters

December 26, 2024, 10:51 AM UTC

India is considering cutting income tax for individuals making up to 1.5 million rupees a year, Reuters reports, citing two government people familiar with the matter.

  • Size of cuts has not been decided
  • India finance ministry did not immediately respond to Reuters’ request for comment

To contact the reporter on this story:
Dayana Mustak in London at nmustak@bloomberg.net

To contact the editors responsible for this story:
Charles Capel at ccapel2@bloomberg.net

Akriti Sharma

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