Congress memo to Central govt highlights plight of poor and middle class
The memorandum reads: “The people of Karnataka, along with the people of India, are deeply anguished and pained by the 'extortionist policies'.”
The memorandum reads: “The people of Karnataka, along with the people of India, are deeply anguished and pained by the 'extortionist policies'.”
Budgets come and go leaving behind a sea of unfulfilled expectations of taxpayers. However, Budget 2025 will long be remembered as one of the few Budgets that warmed the cockles of middle-class hearts.
Relief The Union Budget 2025-26 delivers a substantial tax break to India’s middle class, with the exemption threshold rising to Rs 12 lakh from Rs 7 lakh.
Expressing gratitude to PM Narendra Modi for putting the economy on a fast-track and bold development initiatives for poor, youth, farmers and women, J&K Lt. Governor, Manoj Sinha ,on Saturday said that the budget proposals presented by the Finance Minister Nirmala Sitharaman was a big boost to the middle class.
Home Minister Amit Shah on Saturday hailed the Union Budget 2025-16, calling it a comprehensive and visionary roadmap for India's future under Prime Minister Narendra Modi's leadership.
"The first budget of 'Amrit Kaal' reflects the vision of Prime Minister Narendra Modi and his visionary leadership," said the BJP chief.
Persons with an income of up to Rs 7 lakh will not have to pay any tax. Currently, those with an income of up to Rs 5 lakh do not have to pay any income tax under both old and new tax regimes.
The ‘middle class’, is, of course, a flexible concept everywhere in the world though it’s usually safe to establish a linear link between a burgeoning middle class and a corresponding enhancement of cosmopolitanism and liberal values.
At the turn of the century, the global middle class was mostly a Western phenomenon; today, the consumer class is global and increasingly Asian
The town is known for its clean beaches and a 12-story limit on its buildings, and stands in contrast with neighboring Miami Beach and its world-famous nightlife, Bal Harbour