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As soon as there was a declaration of big relief in Income Tax, the fierce applause … praise the budget in MP

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Union Finance Minister Nirmala Sitharaman has given great relief to the middle class in Budget 2025. He has announced that there will be no tax on those with income up to Rs 12 lakh (Income Tax Budget 2025). Apart from this, there will be no tax on income up to Rs 12.75 lakh for salaried taxpayers.

By Prashant Pandey

Publish date: Sat, 01 Feb 2025 02:01:09 pm (IST)

Updated date: Sat, 01 Feb 2025 02:10:41 pm (IST)

Industrialists and traders gathered to listen to budget speech in Indore.

Highlights

  1. Big relief to the middle class, no tax on income up to 12 lakhs.
  2. In the budget 2025, several major announcements have also been made for farmers.
  3. Finance Minister Nirmala Sitharaman took care of the common man in the budget.

New Duniya Representative, Indore (Income Tax Budget 2025). Union Finance Minister Nirmala Sitharaman has announced no tax on income with his budget speech up to Rs 12 lakh. With his announcement, industrialists, traders gathered to listen to the budget speech in Indore. Everyone has described it as the budget of the common man.

CM Dr. Mohan Yadav wrote on X that the Union Budget 2025-26 presented by Union Finance Minister Nirmala Sitharaman ji under the guidance of PM Narendra Modi is going to prove the resolutions of developed India.

This welfare, universal and inclusive budget is full of the overall development of poor, youth, food and female power of the country, incorporating various fields such as startups, innovation and artificial intelligence, the spirit of Antyodaya and innovation.

CM wrote- Heartfelt greetings of Prime Minister and Union Finance Minister for this budget of 140 crore countrymen and making India self-reliant.

Middle class life simple

BJP state president VD Sharma responded to the budget on the X handle and wrote- Better today, bright tomorrow, middle class life simple. No tax will be payable on income of Rs 12 lakh under the new tax system. There will be no tax on income up to Rs 12.75 lakh for salaried taxpayers with a standard deduction of Rs 75,000.

He wrote that the budget presented in Parliament by Union Finance Minister Nirmala Sitharaman under the leadership of Prime Minister Narendra Modi shows the commitment of the creation of developed India along with the upliftment of every class.

Farmer friendly scheme

The announcement to start the Pradhan Mantri Dhan-Dhanya Yojana to increase the yield of crops has also been announced under the developed India Budget 2025. This peasant friendly scheme will benefit 1.7 crore farmer brothers and sisters across the country. This provision is a sign of the Modi government’s policy of empowerment of farmers.

VD Sharma wrote- Heartfelt greetings of Prime Minister Narendra Modi for this general budget dedicated to the all-round welfare of every Indian and the all-round development of the country and hearty congratulations to Finance Minister Sitharaman and his entire team.

(Tagstotranslate) Income Tax Budget 2025 (T) Budget 2025 (T) Middle Class (T) Tax Relief (T) Nirmala Sitharaman (T) Mp News (T) Madhya Pradesh News

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