'Every family happy': PM Modi hails Union Budget as 'middle class friendly'
Sunday, 2 February 2025 Prime Minister Narendra Modi praised the Union Budget as the most middle-class-friendly in India's history, highlighting significant tax relief for those earning up to Rs 12 lakh. He criticized the Aam Aadmi Party for corruption and false promises, while emphasizing the BJP’s commitment to welfare measures and development.
Finance Minister Nirmala Sitharaman presented the Union Budget 2025, packed with key highlights aimed at fostering economic growth and social welfare. The budget focuses on providing significant relief to the middle class, including income tax exemptions and increased deductions. A standout feature...
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In a major relief for taxpayers, Finance Minister Nirmala Sitharaman announced that individuals earning up to ₹12 lakh annually will now be exempt from paying income tax. This unprecedented move aims to boost disposable income, drive consumption, and provide financial relief to the middle class. The government also introduced revised tax slabs and additional deductions to further ease the tax burden. This landmark decision is expected to have a significant impact on salaried employees, small business owners, and self-employed professionals, reshaping India's tax landscape.
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