New Delhi
After the budget, Prime Minister Narendra Modi attacked the Congress on Sunday for tax. He cited former Prime Ministers Jawaharlal Nehru and Indira Gandhi, claiming that his governments imposed heavy tax on the earnings of the people, while the Modi government reduced the tax burden and gave more relief to the middle class. Addressing a rally in RK Puram for Delhi elections, PM Modi said, “If you had earned Rs 12 lakh in Nehru ji’s era, then the government would have withdrawn a quarter of your salary on an income of Rs 12 lakh. If Indira ji had been era today, then your 10 lakh rupees would have gone to tax on income up to Rs 12 lakh. Till 10-12 years ago, if you had earned 12 lakh rupees in the Congress government, you would have to pay 2 lakh 60 thousand rupees tax. After tomorrow’s budget of the BJP government, the one who earns 12 lakhs in a year will not have to pay even one rupee tax. ”
PM Modi said that our middle class has a huge contribution in the development of the country. This is the BJP, which gives respect to the middle class, awards honest taxpayers. Referring to the budget, PM Modi said that I had given a guarantee to the country to strengthen four pillars for the creation of a developed India. These pillars are poor, farmers, youth and female power. The budget that has come tomorrow is a guarantee of Modi’s similar guarantees.
In the Union Budget 2025, Finance Minister Nirmala Sitharaman announced on Saturday that people with income up to Rs 12 lakh will not have to pay income tax. He said that this is a step taken to help the middle class. With a standard deduction of Rs 75,000, the tax-free income limit will effectively be Rs 12.75 lakh. He said, “I am happy to announce that there will be no income tax on income up to Rs 12 lakh under the new system.”
At the same time, in an interview given to PTI after the budget, Finance Minister Nirmala Sitharaman said on Sunday that Prime Minister Narendra Modi was fully supported by the idea of tax cuts, but it took time to convince the bureaucrats. Nirmala Sitharaman said, “… The PM was very clear that he wanted to do something. The ministry has to work easily and then move forward on the proposal. Therefore, the more work the work was required, the board needed to convince that the efficiency and the voice of honest taxpayers in the collection… all this was the work of the ministry, not the PM. ” He said that like Prime Minister Narendra Modi, his government has always heard the voice of people from different fields.