FM Nirmala Sitharaman Talks About Middle-Class Benefits | 78% Shift to New Tax Regime | N18S

'More than 78% of people have moved from the old to the new regime,' said Finance Minister Nirmala Sitharaman in a conversation with Rahul Joshi, Editor-in-Chief of Network18, while discussing the benefits and impact of the new tax regime on the middle class

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[rajeshmani]

10 lakhs to 20 lakhs per year income middle class family have no benefits of new regime and giving presser on middle class in this range salary have loans and investment or school fees or old regime is good...why new regime us not Give equal benifits to 10 lakhs to 20 lakhs.
.

[MuraliKrishna-juds]

Fooling middle class.. why regims... just reduce the tax rates.. we pay GST for every thing.. More than simplifying u make it complex

[fairwords]

Out of those 78%, how many are tax payers? Most of them should be return filers with zero tax liability without a home loan or health/life insurance cover etc
Logic of simplification to justify new tax regime is also not convincing as CAs are there to file return of most of the tax payers. And even staff working in a CA firm are well versed with all the tax provisions. Additionally, software calculates the tax after all the data of income and deduction is filled by the staff of CA firm or by individual tax payers on a return filing web site.
Millions of people like me never expected such raw deal by Modi/BJP government to middle class tax payers. We are feeling cheated.

[lakshmieben]

The more I hear her arrogant explanations am praying for a breakthrough in the life of middle classers like us. Already we are burdened with income tax, medical expenses, education expenses, property tax, fuel cost etc and in addition we pay GST and not the traders. GST is indirect tax on the common man and not for traders. The committee that is deciding GST is eating in parliament canteen and have free transportation so they don't know the burden of common people 😢

[shyam]

Who asked u for new tax regime in the first place..go learn finance first and become a finance minister..Just ramming up what finance secretaries gave and vomiting in media interviews

[vimalkumardixith]

टैक्स नियम ने ग्राहक को बैक ने लूटने काम कर रहे हैं।

[harikris]

Arrogant and totally disconnected with middle class people.. Bad times for Indian middle class..

[pvlakshmipvlakshmi]

Middle class people can't bearing higher taxes

[girishchhabria]

The Most Pathetic FM India has ever got and will ever get in future.

[rajeswarig]

Iski maa ki aankh. Those who vote for BJP RIP

[devindersingh]

Useless people modi wants and has I his government as not to outshine modi and his useless policies and
Jumlas. Does she mean regime so what is she saying regime or regim.

[SANTOSHKUMARUPADHYAY-wj]

Don't reduce GST but stop demand notice for minor compliances. Sorry to say, I will vote for BJP till my death but GST department is like Kala Pani for middle class.

[shivarajendra]

No income tax up to 7 lakhs - Wow 😲
Increased all the GDP which are necessary for day to day life (Rations, Hospital spends etc)- Shabbash 👏👏🫡