TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Ghaziabad Mayor Orders FIR Over Illegal 'Mazar'

    Ghaziabad Cracks Down on ‘Land Jihad’: Mayor Orders FIR Over Illegal ‘Mazar’

    From Magadh to Mumbai: Thackeray Roots Revisited Amid Raj-Uddhav Reunion

    From Bihar to Mumbai: Thackeray Roots Revisited Amid Raj-Uddhav Reunion

    All is not well within the ruling alliance in Jharkhand.

    Tensions in Jharkhand: Cracks Appear Between JMM and Congress, Raising Concerns for INDI Bloc

    Raj, Uddhav Push Marathi Agenda for Political Comeback

    Thackeray Cousins Reunite, Use Language Card to Stay Relevant in Maharashtra Politics

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    India’s Forex Reserves Surge Past $700 Billion

    India’s Forex Reserves Surge Past $700 Billion, Close to All-Time Record

    Why GST Search Is Essential For Compliance In Modern Enterprises

    Why GST Search Is Essential For Compliance In Modern Enterprises

    Improving Communication and Collaboration in Distributed Teams: Strategies for Indian Business Analysts

    Improving Communication and Collaboration in Distributed Teams: Strategies for Indian Business Analysts

    Why Every Modern Retail Shop Needs Reliable Billing Software Today

    Why Every Modern Retail Shop Needs Reliable Billing Software Today

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Major Arms Seizure in Manipur Hill Districts

    Amid Ongoing Tensions, Security Operation Yields Major Arms Seizure in Manipur Hill Districts

    military reveals china-pakistan-turkey nexus during operation sindoor

    One Border, Three Adversaries: Indian Army Blasts China-Pakistan-Turkey Axis in Operation Sindoor

    INS Tamal marks the end of import of Indian Warships

    INS Tamal Marks End of Warship Imports as India Sets Sail on Atmanirbhar Bharat Path

    UK’s 5th-Gen F-35B Jet Grounded in Kerala Set to Be Airlifted After Weeks of Uncertainty

    UK’s 5th-Gen F-35B Jet Grounded in Kerala Set to Be Airlifted After Weeks of Uncertainty

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Sydney Protest Sends Global Message Against Hindu Persecution in Bangladesh

    Sydney Protest Sends Global Message Against Hindu Persecution in Bangladesh

    PM Modi Receives Trinidad's Highest Civilian Honour, Lands in Argentina to Deepen Strategic Ties

    PM Modi Receives Trinidad’s Highest Civilian Honour, Lands in Argentina to Deepen Strategic Ties

    when gandhi's statue was removed in ghana

    When Mahatma Gandhi’s Statue Was Removed in Ghana for Being ‘Racist’

    Empower the Global South: PM Modi

    Time to Reshape Global Governance, Empower the Global South: PM Modi

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    The Beginning of Devotion: History of the First Kanwar Yatra

    The Beginning of Devotion: History of the First Kanwar Yatra 

    Kanwar Yatra: Four Devotional Paths, One Divine Destination

    Kanwar Yatra: Four Devotional Paths, One Divine Destination

    char dham yatra suspended due to bad weather

    Uttarakhand Suspends Char Dham Yatra Due to Adverse Weather, Prioritizes Pilgrim Safety

    Sanatan Mahakumbh Event Scheduled at Patna’s Gandhi Maidan

    Sanatan Mahakumbh Event Scheduled at Patna’s Gandhi Maidan on July 6

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Mental Wellness Rituals to Stay Calm, Focused, and Balanced

    Mental Wellness Rituals to Stay Calm, Focused, and Balanced

    India's Tour of Bangladesh Likely Postponed Amid Political Unrest

    India’s Tour of Bangladesh Likely Postponed Amid Political Unrest

    What Is The Best Way To Bet On Tennis?

    What Is The Best Way To Bet On Tennis?

    Pakistan Hockey Team Set to Visit India for Asia Cup 2025: First Time Since Operation Sindoor

    First Time Since Operation Sindoor ; Pakistan Hockey Team Set to Visit India for Asia Cup 2025

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Ghaziabad Mayor Orders FIR Over Illegal 'Mazar'

    Ghaziabad Cracks Down on ‘Land Jihad’: Mayor Orders FIR Over Illegal ‘Mazar’

    From Magadh to Mumbai: Thackeray Roots Revisited Amid Raj-Uddhav Reunion

    From Bihar to Mumbai: Thackeray Roots Revisited Amid Raj-Uddhav Reunion

    All is not well within the ruling alliance in Jharkhand.

    Tensions in Jharkhand: Cracks Appear Between JMM and Congress, Raising Concerns for INDI Bloc

    Raj, Uddhav Push Marathi Agenda for Political Comeback

    Thackeray Cousins Reunite, Use Language Card to Stay Relevant in Maharashtra Politics

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    India’s Forex Reserves Surge Past $700 Billion

    India’s Forex Reserves Surge Past $700 Billion, Close to All-Time Record

    Why GST Search Is Essential For Compliance In Modern Enterprises

    Why GST Search Is Essential For Compliance In Modern Enterprises

    Improving Communication and Collaboration in Distributed Teams: Strategies for Indian Business Analysts

    Improving Communication and Collaboration in Distributed Teams: Strategies for Indian Business Analysts

    Why Every Modern Retail Shop Needs Reliable Billing Software Today

    Why Every Modern Retail Shop Needs Reliable Billing Software Today

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Major Arms Seizure in Manipur Hill Districts

    Amid Ongoing Tensions, Security Operation Yields Major Arms Seizure in Manipur Hill Districts

    military reveals china-pakistan-turkey nexus during operation sindoor

    One Border, Three Adversaries: Indian Army Blasts China-Pakistan-Turkey Axis in Operation Sindoor

    INS Tamal marks the end of import of Indian Warships

    INS Tamal Marks End of Warship Imports as India Sets Sail on Atmanirbhar Bharat Path

    UK’s 5th-Gen F-35B Jet Grounded in Kerala Set to Be Airlifted After Weeks of Uncertainty

    UK’s 5th-Gen F-35B Jet Grounded in Kerala Set to Be Airlifted After Weeks of Uncertainty

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Sydney Protest Sends Global Message Against Hindu Persecution in Bangladesh

    Sydney Protest Sends Global Message Against Hindu Persecution in Bangladesh

    PM Modi Receives Trinidad's Highest Civilian Honour, Lands in Argentina to Deepen Strategic Ties

    PM Modi Receives Trinidad’s Highest Civilian Honour, Lands in Argentina to Deepen Strategic Ties

    when gandhi's statue was removed in ghana

    When Mahatma Gandhi’s Statue Was Removed in Ghana for Being ‘Racist’

    Empower the Global South: PM Modi

    Time to Reshape Global Governance, Empower the Global South: PM Modi

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    The Beginning of Devotion: History of the First Kanwar Yatra

    The Beginning of Devotion: History of the First Kanwar Yatra 

    Kanwar Yatra: Four Devotional Paths, One Divine Destination

    Kanwar Yatra: Four Devotional Paths, One Divine Destination

    char dham yatra suspended due to bad weather

    Uttarakhand Suspends Char Dham Yatra Due to Adverse Weather, Prioritizes Pilgrim Safety

    Sanatan Mahakumbh Event Scheduled at Patna’s Gandhi Maidan

    Sanatan Mahakumbh Event Scheduled at Patna’s Gandhi Maidan on July 6

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Mental Wellness Rituals to Stay Calm, Focused, and Balanced

    Mental Wellness Rituals to Stay Calm, Focused, and Balanced

    India's Tour of Bangladesh Likely Postponed Amid Political Unrest

    India’s Tour of Bangladesh Likely Postponed Amid Political Unrest

    What Is The Best Way To Bet On Tennis?

    What Is The Best Way To Bet On Tennis?

    Pakistan Hockey Team Set to Visit India for Asia Cup 2025: First Time Since Operation Sindoor

    First Time Since Operation Sindoor ; Pakistan Hockey Team Set to Visit India for Asia Cup 2025

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
  • Economy
  • Defense
  • Geopolitics
  • Knowledge
  • Law
  • Lounge

Budget: After PM Modi’s hint, ‘Maa Lakshmi’ showers blessings on Middle Class taxpayers

TFI Desk by TFI Desk
1 February 2025
in Economy, Politics, Trending
Eyeing Delhi election, Modi govt gives major relief for Middle Class

Eyeing Delhi election, Modi govt gives major relief for Middle Class (Image Source - The Hindu)

Share on FacebookShare on X

Ahead of the start of the Budget Session on 1st of Febraury, Prime Minister Narendra Modi after reminiscing the Maha Lakshmi mantra had stated that he prays to the Goddess Lakshmi to have special blessings on the poor and the middle class.

He said, “Ahead of the Budget Session, I bow down to Maa Lakshmi, the goddess of wealth and prosperity. I pray that Maa Lakshmi continues to bless the poor and middle class of our country.” Many speculated this as a hint by the Prime Minister regarding major relief for the Middle class in the budget and the speculations came up to be true.

RelatedPosts

Congress’ Bihar Outreach on Menstrual Hygiene Raises Questions Over Rahul Gandhi’s Political Branding

Tejashwi Uses AI-Generated Ambedkar Video to Offset Lalu’s ‘Insult’: Can Digital Reverence Replace Real Accountability?

Kolkata Law College Rape Accused Allegedly Used Union Room for Parties, Drinking

Load More

Finance Minister Nirmala Sitharaman, in her Union Budget 2025 speech, announced a major tax relief for salaried individuals by raising the minimum taxable income to ₹12 lakh under the new tax regime. The move can also be seen as BJP coming up with its best card to sweep the Delhi Elections, a city dominated by middle class section. 

Nirmala Sitharaman announced that with an additional ₹75,000 standard deduction, individuals earning up to ₹12.75 lakh will now pay zero income tax. The government has also introduced new tax slabs, significantly reducing the tax burden across income levels.

Also Read: Budget: FM Nirmala Sitharaman overhauls Income Tax slab, income upto Rs 12 LPA exempted from tax

Under the revised structure, income up to ₹4 lakh is tax-free, while earnings between ₹4-8 lakh are taxed at 5%, ₹8-12 lakh at 10%, ₹12-16 lakh at 15%, ₹16-20 lakh at 20%, ₹20-24 lakh at 25%, and above ₹24 lakh at 30%. By raising the tax exemption limit from ₹7 lakh to ₹12 lakh, the government aims to stimulate demand in the economy while encouraging higher savings and investments. 

According to Manmeet Kaur, Partner at Karanjawala & Co, the budget prioritizes democracy, demography, and demand, recognizing the needs of the middle class. The revised tax structure reflects a pro-business and pro-middle-class shift, ensuring financial stability while promoting economic growth through increased spending and investment opportunities.

The major announcement by Finance Minister Nirmala Sitharaman regarding tax exemption for incomes up to ₹12 lakh has brought a wave of happiness and relief to the middle class across the country. This move is expected to significantly ease the financial burden on salaried individuals, allowing them to save and invest more, ultimately boosting consumption and economic growth. Moreover, this decision can also be viewed as a strategic move by the Bharatiya Janata Party (BJP) ahead of the upcoming Delhi elections. Given that Delhi has a large middle-class population, the tax exemption is likely to resonate strongly with voters in the National Capital. By putting more disposable income in the hands of salaried professionals and small business owners, the government aims to garner support from this crucial voter base. With the middle class forming the backbone of Delhi’s electorate, this announcement could work in favor of the BJP’s electoral prospects, positioning it as a pro-middle-class party.

Tags: AAPBJPBudgetBudget 2025Delhi Electionsincome taxMiddle ClassNirmala SitharamanParliament
ShareTweetSend
Previous Post

Budget: FM Nirmala Sitharaman overhauls Income Tax slab, income upto Rs 12 LPA exempted from tax

Next Post

Budget 2025: Modi govt rolls out tailored ‘Special Package’ for poll-bound Bihar

Related Posts

Ghaziabad Mayor Orders FIR Over Illegal 'Mazar'
Politics

Ghaziabad Cracks Down on ‘Land Jihad’: Mayor Orders FIR Over Illegal ‘Mazar’

5 July 2025

In a firm step against what officials are describing as a case of "land jihad," Ghaziabad Mayor Sunita Dayal...

From Magadh to Mumbai: Thackeray Roots Revisited Amid Raj-Uddhav Reunion
Analysis

From Bihar to Mumbai: Thackeray Roots Revisited Amid Raj-Uddhav Reunion

5 July 2025

In a dramatic political moment, estranged cousins Raj and Uddhav Thackeray reunited on a public stage after two decades,...

All is not well within the ruling alliance in Jharkhand.
Analysis

Tensions in Jharkhand: Cracks Appear Between JMM and Congress, Raising Concerns for INDI Bloc

5 July 2025

All is not well within the ruling alliance in Jharkhand. The Jharkhand Mukti Morcha (JMM) and the Congress may...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Currently Playing

Murugan Wave Rattles INDIA Bloc, Triggers Reactionary Meet in Madurai

Murugan Wave Rattles INDIA Bloc, Triggers Reactionary Meet in Madurai

00:08:10

Rage on stage: why a police officer resigned quit after CM's outburst

00:03:40

Right to religion vs duty to identify: where should India draw the line?

00:04:34

Junior Kharge Calls to Ban RSS Amid Karnataka Congress Civil War!

00:10:02

Kerala Muslim Groups oppose Zumba classes for School Children

00:07:21
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap

©2025 TFI Media Private Limited

No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFIPOST हिन्दी
TFIPOST Global

©2025 TFI Media Private Limited