Budget 2024: The outdated intervening time Budget for the 2024 Lok Sabha Polls had no most important bulletins. The salaried class hopes for tax relief measures from the PM Modi-led authorities, esteem elevating authorized deductions or adjusting tax slabs.
Budget 2024: Finance Minister Nirmala Sitharaman is decided to exhibit Budget 2024 on July 23. This could mark her seventh consecutive Budget presentation.
Meanwhile, memesters leave no stone unturned to exhibit hilarious memes and jokes on this event. Many of these memes are about the “apprehensions” of the center class about the Income Tax scenario.
All eyes of the center class on the #UnionBudget pic.twitter.com/j5VuwYJONL
— Raghuveer (@Straying_mind) July 23, 2024
Middle class taxpayers’ expectations from #NirmalaSitharaman earlier than #UnionBudget pic.twitter.com/tl2BVctb9X
— Arun (@ArunKNairr) July 23, 2024
Middle class us paying consideration to the budget the next day pic.twitter.com/6YIbe2EWEF
— Beardless ಗಡ್ಡಪ್ಪ (@immadiPKeshi) July 22, 2024
🧵Sooner than Budget :-
Nirmala Sitharaman prepared halwa and ate it.
🧵After Budget :-
Halwa also can no longer be made all year prolonged in any uncomfortable or center class dwelling in the country.#Budget2024 pic.twitter.com/FSRKGYiTTJ
— Harsh Tiwari (@harsht2024) July 23, 2024
It be budget time and here is the location of Tax payers & center class at some level of budget.
Credit score @ ig: the_engeneering_bro #BudgetSession2024 #WazirX #NirmalaSitharaman pic.twitter.com/LcMgqNLaqS— Pranay Chaturvedi (@Pranay318) July 22, 2024
Middle Class to Nirmala Sitharaman earlier than Budget: pic.twitter.com/H8RZkE0Vsu
— Nimo Tai (@Cryptic_Miind) July 22, 2024
Google search history of Nirmala Sitharaman.#Budget2024 | #NirmalaSitharaman pic.twitter.com/sRp3LyZfra
— Rajabets 🇮🇳👑 (@smileagainraja) July 22, 2024
— Narundar (@NarundarM) July 22, 2024
— Ex Bhakt (@exbhakt_) July 23, 2024
Beforehand, an intervening time Budget had been offered on account of the 2024 Lok Sabha Polls, which included no most important bulletins. The salaried class in India hopes for tax relief measures from the PM Modi-led authorities.
The expectations consist of elevating the same outdated deduction limit or adjusting earnings tax slabs to ease financial burdens.
“Keeping with the convention, I manufacture no longer point out to build any changes concerning to taxation and point out to preserve the same tax charges for reveal taxes and indirect taxes, alongside side import responsibilities,” FM Nirmala Sitharaman talked about in her Budget speech in February.
Ashish Aggarwal, Director at Acube Ventures, reacted to the intervening time Budget in February and talked about that salaried experts had struggled with job market uncertainties and rising residing costs with out corresponding pay will increase.
He talked about that changes akin to a better authorized deduction, elevated housing mortgage passion exemptions, or adjustments to 80C devices also can indulge in helped. Aggarwal added that the frustration of the salaried class in private taxation became understandable.
Unique regime tax slabs (as of July 22)
- No tax would be levied for earnings up to ₹3 lakh
- Income between ₹3-6 lakh would be taxed at 5%
- Tax rebate below Fragment 87A is on hand
- Income between ₹6-9 lakh would be taxed at 10%
- Tax rebate below Fragment 87A on earnings up to ₹7 lakh is on hand
- Income between ₹9-12 lakh at 15%
- Income between ₹12-15 lakh at 20%
- Income of ₹15 lakh and above shall be taxed at 30%
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First Published:
23 Jul 2024, 10:15 AM IST
HomeNewsTrendsBudget 2024: ‘Middle Class’ memes flood social media; all eyes on FM Nirmala Sitharaman’s Income Tax gives
