The revised new income tax regime was the showstopper for this budget..FM proposed changing the tax structure in the new regime by reducing the number of slabs to five and increasing the tax exemption limit to ₹3 lakh.
The Monetary Policy Committee (MPC), consisting of three members from the RBI and three from outside, raised the policy rate, or repo rate, to 6.25 per cent by a majority decision, , repo rate, reserve bank of india, MPC Policy, mpc meeting, shaktikanta das, rbi governor