"When the Congress was in office, in 2014, if you earned Rs 2.5 lakh (per annum), you had to pay income tax. Now, the figure has gone up to Rs 12 lakh, which is a five times increase. Secondly, if you're earning up to Rs eight lakh, you save Rs 30,000. If you're earning up to Rs 12 lakh,
Samajwadi Party MP Dimple Yadav on Saturday criticised Union Budget presented by Finance Minister Nirmala Sitharaman in Lok Sabha, saying that there was "nothing new" in the Budget.
Taking a dig at the Union Budget presented by Finance Minister Nirmala Sitharaman in Lok Sabha on Saturday, Congress MP Shashi Tharoor said that to benefit from tax exemption, one actually needs an income source.
JD(U) MP Sanjay Kumar Jha hailed Budget announcements as a major boost for Bihar, citing a new greenfield airport, Makhana Board, Western Kosi irrigation system, food-processing institute, and taxation relief up to Rs 12 lakhs.
AAP MP Sanjay Singh has expressed disappointment over the Union Budget 2025, stating that small traders have been left out with no tax relief on their income of Rs 12 lakh.
Union Minister Hardeep Singh Puri called this year's Union Budget excellent and highlighted the income tax exemption up to Rs 12 lakhs which he said will increase the middle class spending, giving a fillip to the economy.
Defence Minister Rajnath Singh on Saturday congratulated Finance Minister Nirmala Sitharaman for presenting a "wonderful" Budget towards fulfilling the resolve of Prime Minister Narendra Modi.
Union Home Minister Amit Shah on Saturday congratulated Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman for the 'comprehensive' and visionary budget.
Maharashtra CM Devendra Fadnavis praises Union Budget 2025, calling it a 'dream budget' for the middle class. He highlights increased income tax exemption, expected benefits for MSMEs, and a focus on agriculture schemes as major positives for the economy.
"This budget is for Viksit Bharat and for PM Modi's resolve to fulfil the dream of a new and energetic India. Every sector, be it agriculture, manufacturing, services, infrastructure or innovation, a new map has been drawn after having a proper study of every sector. A great relief has be
FM said, "The annual limit of Rs 2.40 lakh for TDS on rent is being increased to Rs 6 lakh. This will reduce the number of transactions liable to TDS, thus benefiting small tax payers receiving small payments."
Uttarakhand Chief Minister Pushkar Singh Dhami thanked Union Government under the leadership of Prime Minister Narendra Modi for the announcement in the Budget that no income tax will be payable on income up to Rs 12 lakh, providing significant relief to taxpayers especially the middle class