FM Nirmala Sitharaman Lists Out How Tax Burden On Middle-Class Has Been Reduced

#NirmalaSitharaman #MonsoonSession2024 #TaxBurdenOnMiddleClass #TaxRelief #Budget2024
Finance Minister Nirmala Sitharaman on August 7 said that there has been "substantial tax relief" for middle class in last two years. Replying in Lok Sabha, Sitharaman begins her address by listing out all the measures that have been taken by the government for the middle class. "In the last two years, substantial relief has been given to the middle class." Sitharaman also said that there will be a comprehensive review of the rate structure of indirect taxes in the next 6 months. She added that the proposals in the tax segment in her Budget 2024 speech are based on the approach to bring in greater simplification of tax laws and are technology-driven.

#MiddleClassRelief #TaxSimplification #IndirectTaxes #TaxReform #TechnologyDriven #EconomicPolicy #IndiaEconomy #TaxReview #GovernmentMeasures #SubstantialRelief #MiddleClassSupport #LokSabha #FinanceMinister
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[amarakula]

Experts estimate Nirmala sitharaman is the only reason for down fall of bjp

[guruprasadc]

You have not increased tax, but you have increased inflation 😂

[keyurupadhyay]

Worst finance minister ever she should resign

[shrinathpurkait]

Sorry to say this FM, seems you live in 20 years back India..Mam people are aware of inflation..your justification doesn’t inline with the facts…Simply you are not listening to Common people of India

[amitshukla]

Hate her face when she speaks about Middle class tax given relief

[ronnien]

The only Finance.minister who don't knw anything abt Finance. Pathetic FM.
This too favoured only real estate invester.
First u increased tax then bring down to original one after few days and got audacity to say yeah we lowered tax for middle class.

[manikantarahul]

How can FM believe its good for middle class on behalf of all?

[ramuhjes]

She has no empathy for the poor people in India. She is the worst finance minister India ever had.

[sai_views]

She always speak about new tax regime worst ever FM and PM we have now.

[WebsterVissel]

From $37K to $65K that's the minimum range of profit return every month I think it's not a bad one for me, now I have enough to pay bills and take care of my family. ❤️

[nookesht]

#Nirmala Sitharanan … Rethink on taxation of house property… what makes you think Indexation is not required while the property rates would increase higher than inflation
Previous government promoted tax savings through house property. Investment in a property is made with tax planning horizon of 20 years… when you make changes in house property taxation, make it prospective… you can say that properties purchased after 1July 2025 would not have Indexation benefits… how can you repeal the act with retrospective effect… salaried people buy property only with white money unlike business income people.
BJP government restricted the loss from rented house property to 2 lakhs… restricted carry forward of losses on house property… shame on you!
You talk about taxation systems of various advanced and developed countries but you do not offer the benefits of same developed countries as relief to people… what kind of justice is this to common salaried people?

[chetang]

She is the worst FM for middleclass. She does not understand what inflation does.

[fredyct]

Madam the income grows at a rate of 10% and tax grows at a rate of 100%. U r just defending with manipulated statistics

[hemantthaiya]

She talks about 17k -20k relief as if its huge amount. We should make her live in any big Indian city with a 15lakh income and see how well she does.

[sai_views]

She will say middle class got benefitted from STCG and LTCG increase.

[Arun-kp]

Corporates tax reduced to 22.5% .Corporates can get input GST.Angel tax abolished for HNIs and Corporates.Recruitment stopped in PSU and govt sector.Now corporates can use CSR fund for APPRENTICE program in her budget.Now Recruitment will be stopped in pvt sector also.Even medical reimbursement is considered as income for Middle class.Motto of FM is "OF THE CORPORATE BY THE CORPORATE AND FOR THE CORPORATE"

[tajtaj]

Which world she is living in?
When did she even managed a household budget?

The inflation rates has gone multifold and Madame is talking about tax. 😢

[rishikumar]

Our finance minister is not in that position to feel the burden of taxes on common people, is facing

[sai_views]

People are asking why you have not reduced taxes she saying we are not increased

[TheAshish]

I am in old scheme as still old scheme has lesser tax even after bjp has done nothing for old scheme in last 10 years