The revised tax slab rates in the Indian Budget 2024-25 now require middle-income earners to contribute a larger portion of their earnings to taxes, leaving less for savings and essential expenses. Additionally, higher taxes on goods and services have driven up living costs, making everyday items more expensive. This financial strain has prompted many to reconsider their spending habits and long-term financial planning, highlighting the delicate balance between fiscal policy and economic well-being for the average Indian family.