Congress's sharp reaction on Modi government's budget...
Finance minister Nirmala Sitharaman presented the budget for 2025-26 on saturday (February 1). Many announcements have been made for bihar in this. congress leader manish Tiwari has given a sharp reaction on the lack of mention of other big states in the budget. Tiwari, mp from Chandigarh, while talking to ABP News, said that is this the budget of bihar government or the budget of the government of India. The Finance minister has named only one state. Have you heard the name of any other state other than Bihar?
'It is unfortunate that...'
He said, "When we talk about the country's budget, we should talk about the whole country. It is unfortunate that the crutches with which the government is running, attention was paid to that only. The development of the rest of the country has been put at stake.'' Many announcements have been made in the budget for Bihar. These include the establishment of Makhana Board, financial assistance for Western Kosi Canal, new airport and support for increasing the capacity of IIT Patna.
manish Tiwari said, "More study is needed on the tax proposal. Some announcements have been made by the Finance minister, let's see what effect it has on the common people." The Modi government has given a big relief to the middle class. Finance minister Nirmala Sitharaman said that no tax will have to be paid on annual income up to Rs 12 lakh. The Finance minister said that tax exemption will leave more money for consumption with the middle class people.
The Finance minister also proposed changes in different tax slabs. Under this, now there will be no tax on annual income of Rs 4 lakh. There will be 5 per cent tax on Rs 4 to 8 lakh, 10 per cent on Rs 8 to 12 lakh, 15 per cent on Rs 12 lakh to 16 lakh, 20 per cent on Rs 16 to 20 lakh, 25 per cent on Rs 20 lakh to Rs 24 lakh and 30 per cent tax on annual income above Rs 24 lakh.
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