Budget 2023: No new taxes imposed on the middle class...
The majority of India's population, the middle class, has great hopes for the 2019 budget, which will be announced on february 1. Here is what Niramala Sitharaman, the finance minister, has to say about their hopes.
In less than three weeks, Finance minister Nirmala Sitharaman will present the Union Budget 2023, and she pledged that the federal government will continue to support the middle class. According to Sitharaman, who is from a middle-class family and is aware of the challenges they confront, the BJP-led nda government has not yet introduced a new tax on the middle class.
"I am a member of the middle class and consider myself to be one in order to comprehend them. According to Sitharaman, the Modi administration has not yet included a new tax on the middle class in a budget. She went on to say that those with incomes up to Rs. 5 lahks are not subject to taxes.
The government will continue to "work for the middle class" in the 2019 budget, the finance minister added. "We brought the Metro to 27 locations, and the middle class uses public transportation the most. We're concentrating on the objective of smart cities as many middle-class people relocate to cities in quest of employment. We will continue to work for the middle class, Sitharaman said.
