How much impact the tax exemption of middle class in the budget on Delhi elections? Leaders gave reply – Budget 2025 Political Debate over Tax Reforms Ahead of Delhi Polls Ntcpan

How much impact the tax exemption of middle class in the budget on Delhi elections? Leaders gave reply – Budget 2025 Political Debate over Tax Reforms Ahead of Delhi Polls Ntcpan

In the budget 2025, the government has given great relief to the middle class and apart from this, many important announcements have been made by Finance Minister Nirmala Sitharaman. The annual income of up to 12 lakh in the budget has been tax free and the ruling Aam Aadmi Party in Delhi is taking credit for this decision of the central government itself. AAP says that due to Delhi elections and pressure, the government has announced this in the budget. Responding to this claim, in the India Today-business Today ‘Budget Roundable’, BJP IT cell chief Amit Malviya said that Arvind Kejriwal is very much speaking and very few.

‘Government made major tax reforms’

BJP leader Malviya said that apart from tax exemption, many important decisions have been taken in this budget. He said that people will be able to save more through new tax slabs and they will have to pay less tax. He said that apart from direct tax, people have also been given relief in indirect tax. No government had made such a big improvement in both types of tax systems so far. Apart from this, every scheme related to public interest in the government is being spent with understanding so that there is no burden on the economy. He said that every aspect of the economy has been taken care of in this budget.

Will BJP benefit from the announcement in the budget? Responding to this question, Aam Aadmi Party leader Jasmine Shah said that the middle class of the country is not going to come under the guise of BJP. He said that two percent people pay income tax in the country, while everyone pays taxes like GST, VAT. In such a situation, a large number of middle class is not going to benefit from the lollipop given to two percent of the people. Jasmine said that for the first time in history, GST is being imposed on essential items and the rate of such indirect tax is continuously increasing. Tax has also increased continuously on petrol and diesel.

‘Falling investment is a matter of concern’

Jasmine Shah said that in this budget, no attention has been paid to the weak condition of the economy. Our growth rate is stuck by 6 percent and nothing has been done in the budget regarding this big problem. Apart from this, investment in the country is constantly falling, apart from private investment, FDI is also at a 16 -year low. The fall of investment is a clear indication that there is no rule of law in the country but the dictatorship of BJP is going on and in such a situation, everyone is afraid to invest here. No decisions are being taken without the connivance of the BJP.

Praveen Chakraborty, head of Congress professional wing and data analytics, said that only 1.5 million families of the country are going to benefit from tax exemption. He said that in the last budget, it was announced to give internship to one crore youth, but this time the Finance Minister did not speak a word on it, the country has the highest number of youths and in such a situation how we talk about development by shore them. Can do He said that even the Chief Economic Advisor of the country believes that private investment in the country has decreased.

‘GST rate must be reduced’

Praveen Chakraborty said that there is no benefit from giving relief in income tax till then the government does not reduce GST rates. He said that direct tax in the country is only 35 percent while indirect tax is 65 percent, tax system in every major economy of the world is exactly opposite. Praveen said that the Finance Minister is still riding on the old boat of the economy, while the demand of the time is that we now need reforms like 1991, without it the economy cannot get strengthened.

The announcement in the budget before the Delhi Assembly elections was seen by Amit Malviya as a way to strengthen the BJP’s appeal among the middle class, while Praveen Chakraborty and Jasmine Shah used the budget to gain political benefits on the BJP. Was accused. Chakraborty said that this budget has been designed to please voters instead of addressing major issues affecting the economy. At the same time, Jasmine says that it is not going to have any effect on Delhi elections.

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