The union government has announced the new finance policy today and this had a special perk about the income taxation slab in the same as it was announced that those earning less than 12 lakh per annum need not pay income tax.
On the matter, CM Chandrababu Naidu shared an interesting post as he implied that he is fully happy with the new taxation policy.
“I extend my heartfelt congratulations to the Union Government and Hon’ble Finance Minister, Smt. @nsitharaman Ji, for presenting a pro-people and progressive budget. This budget reflects the vision for a Viksit Bharat under the leadership of Hon’ble Prime Minister Shri @narendramodi Ji. It prioritizes the welfare of women, the poor, youth, and farmers, while also identifying six key sectors for growth over the next five years.
The budget marks a significant step towards national prosperity. It serves as a comprehensive and inclusive blueprint, promising a prosperous future for our country. Additionally, it brings tax relief for the middle class, the backbone of our country’s economy. I welcome this budget.” Babu tweeted.
I extend my heartfelt congratulations to the Union Government and Hon’ble Finance Minister, Smt. @nsitharaman Ji, for presenting a pro-people and progressive budget. This budget reflects the vision for a Viksit Bharat under the leadership of Hon’ble Prime Minister Shri… pic.twitter.com/6QrB0CDmk2
— N Chandrababu Naidu (@ncbn) February 1, 2025