FM Nirmala Sitharaman Takes A “Sensational Position” On Middle-Class Taxes

preview_player
Показать описание
#nirmalasitharaman #tax #middleclassfamily #PondicherryLitFest #indianeconomy #WelfareEconomy #taxburden
Finance Minister Nirmala Sitharaman used the platform of the Pondicherry Lit Festival to address a massively touchy subject for the middle-class. “Why is it that you still have to feed 80 crore people by taxing the middle class?”, she asked the audience, conceding it was a very sensitive subject for the income-tax payers across the country. “I want to humbly submit, reducing the burden of taxation is one thing which I will have to address, and I concede more can be done. I will try to make it more”, she said, adding that the government had to do ‘targeted welfare delivery’ to ensure economic benefits, whether in the form of medical welfare, food or even children’s education reached the 80 crore who needed it. The finance minister, however, said that the additional, updated data from the upcoming census will streamline the delivery of these benefits

#FM #NirmalaSitharaman #ModiGovernment #IndiaCensus #EconomicReforms #TargetedWelfare #IndianEconomy #IncomeTax #GovtWelfare #SitharamanSpeech #TaxpayerConcerns

-----------------------
Thank You for watching! Do not forget to Like | Comment | Share
-----------------------
About the channel
Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others.
Follow us at:
Рекомендации по теме
Комментарии
Автор

Its not just about feeding 80 cr people.
Please kindly listen to the whole thing.We as a middle class are not getting any benefit of our taxes in whatever govt department our taxes our going.
1) Sanitation
2)Healthcare
3) Education
4) Roadways
Even the basic needs are not being given to the middle class .
In past 10 years ...the poor peoples condition has become better .
The rich got enormously more rich ..
But can you keep your hand on your heart and say that see " THIS IS WHAT THIS GOVT DID FOR MIDDLE CLASS".

ayushpandey
Автор

Then why do political parties not pay taxes

abhishekmahor
Автор

Why were electoral bonds were tax free..?

Vasu__Hyderabad
Автор

After 75 years of independence, we are still feeding 80 crore. Amrit kaal. Soon to be viksit bharat.

amitagrawal
Автор

Tax bcci, tax adaani, tax rich farmers.who is evading taxes like a rat. Why salaried employees are taxed on mutual funds???

SirajGupta-obnx
Автор

Number of personal income tax payers (not return filers) have increased to 2.24 crore from 1.91 crore in the last 10 years i e an increase of about 16-17% but tax collected has gone up by about 200% from 6.96 lakh crore to about 20 lakh crore. This clearly proves that burden on tax payers has been increased unreasonably by BJP/Modi government.
5 kg free ration was already given to needy people during congress regime under food security bill. There was nothing wrong to provide another 5 kg free ration during COVID but it's continuation for the next 5 years declared by PM in January /February this year just before the code of conduct seems to secure the vote bank at the cost of burdening honest tax payers is not convincing.

fairwords
Автор

Third class finance minister. No more use for middle class family

nagarajrangarej-bcug
Автор

I am a bjp supporter...but she is pathetic

sudhirnuguru
Автор

This woman is not even eligible for group-D post, But she is finance minister. 😂

Lemontree
Автор

Feeding poor people or u r arranging for your leader to looting the money

SANTOSHKUMAR-izho
Автор

Abolish income tax on middle class . Tax the farmer and the slums.

rrrgg
Автор

Middle class has no voice in the system.

Govt increased taxes on our investments done from our savings after all income taxes & expenses with high GST.

Opposition is saying we have too much opportunity & others will need more reservations to get their fair share.

Poor & farmers have their huge vote banks, rich have direct access to the system. Middle class just gets a bronze certificate in their email 😢

vm-myhg
Автор

why don't all the politicians give up their free this free that free mobile free travel? what have they done to deserve this special benefit which no other Indian enjoys? Perhaps at least remove all this from opposition. Whoever comes to power can enjoy 50% of what they are enjoying today and the opposition is like everybody else.

VigneshKrishnamoorthy-ymxv
Автор

If you taxing you should give something to tax people

luckym
Автор

why don't you apply more tax on celebrities(movie stars) ?

abhijio
Автор

More you speak.. BJP Votes will reduce in proportion.. Best thing you can do to the party is to keep quite..

Vasu__Hyderabad
Автор

Property prices in Gurgaon 3.5 crore avg, no road, entire complex on DG most of the time and residents use water bottle.

No side walks, non functional traffic lights, garbage everywhere and people dying in accidents due to poor infrastructure.

Sean-bolb
Автор

It's not just about 80 crore. I'm happy to pay taxes to feed them as long as their fertility rate is not 3, ( like Bihar) where every hungry mouth produces 3 more hungry mouths and ask for more. The rich pay taxes, the poor can only pay by making a commitment to not have children or have one child

vaishakh
Автор

better tax everyone rather than taxing middle n high class ... reason why millionaire are giving up their citizenship

pyniarphangmawri
Автор

Say whatever you say, neither you nor your government would be there for next term.

amarjitnayak