In response to X user’s request for middle class assistance, Nirmala Sitharaman said the center is receptive.
A social media user’s plea for middle-class assistance has been addressed by Finance Minister Nirmala Sitharaman. The request was made by the user in response to a minister’s online post. Ms. Sitharaman, who shared his message, stated that the administration values his opinions and listens to them.
Social media user Tushar Sharma stated on X that while he acknowledges the difficulties, he makes a “heartfelt request” that the minister take into account helping the middle class.
Your work and contributions to the nation are much appreciated, and you have our highest regard. I respectfully ask that you think about helping the middle class. It’s just a sincere request, although I am aware of the enormous obstacles involved,” Mr. Sharma wrote in his article.
His request came after Ms. Sitharaman shared poetry written by a member of the former Royal Family of Travancore in a post that appeared in The Sunday Guardian.
The Finance Minister responded to Mr. Sharma by stating that she values his input and acknowledges his concern.
“I appreciate your understanding and your nice remarks. I understand and value your concern. The administration of PM @narendramodi is responsive. pays attention to and hears what others have to say. Again, I appreciate your understanding. “I appreciate your input,” Ms. Sitharaman responded.
Budget 2024’s tax snub angers the middle class: Nirmala Sitharaman answers.
The proposal comes as rising inflation has become a major concern for the middle class in India. Last month’s retail inflation rate of 6.21% in the nation exceeded the Reserve Bank of India’s upper tolerance range. According to figures from the National Statistics Office, food inflation increased from 9.24% in September to 10.87% last month.
The middle class in India is not happy. I’m furious because in a social media post, a person named X tagged Union Finance Minister Nirmala Sitharaman and asked her to think about helping the middle class. The Union Minister acknowledged and valued his concern in response, emphasizing the government’s responsiveness.
“You have our highest admiration and we greatly appreciate your efforts and contributions to the nation,” the X user stated. I respectfully ask that you think about helping the middle class. I am aware of the tremendous difficulties, but this is merely a sincere plea.
Direct taxes, which are made up of corporation tax and income tax, have increased dramatically in India. The fact that direct taxes currently exceed indirect taxes is encouraging.
There was some relief for salaried people in the 2024 budget. Under the new tax regime, the standard deduction was raised from Rs 50,000 to Rs 75,000, which could give taxpayers an extra Rs 17,500.
Union Budget 2024: View the entire address by Finance Minister Nirmala Sitharaman.
The maiden budget of the Narendra Modi government’s third term was unveiled in Parliament on Tuesday by Union Finance Minister Nirmala Sitharaman. She has now presented seven consecutive budgets, breaking the record set by the late Morarji Desai, who presented six consecutive budgets.
Sitharaman described the Modi 3.0 roadmap in her address, which aims to make India a “Viksit Bharat” by 2047. “The 2024 Union Budget will set the path for those of the future,” she stated.
Agriculture productivity and resilience, employment and skilling, enhanced human resources, social justice, manufacturing and services, urban development, energy security, infrastructure, innovation, R&D, and next-generation reforms are the nine priority areas she outlined for the Modi 3.0 government.
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At Business Today’s Budget 2024 roundtable on Saturday, Finance Minister Nirmala Sitharaman directly addressed the concerns raised by the criticism of her budget’s tax snub to India’s middle class.
Her answer was straightforward: the government’s strategy seeks to rationalize and simplify things for all taxpayers, not just the middle class.
