{"id":33010,"date":"2025-02-02T08:51:35","date_gmt":"2025-02-02T08:51:35","guid":{"rendered":"https:\/\/mavericknews30.com\/?p=33010"},"modified":"2025-02-02T08:51:35","modified_gmt":"2025-02-02T08:51:35","slug":"a-budget-bringing-prosperity-to-every-household-deputy-cm-eknath-shindes-response-to-the-union-budget","status":"publish","type":"post","link":"https:\/\/mavericknews30.com\/?p=33010","title":{"rendered":"A Budget Bringing Prosperity to Every Household \u2013 Deputy CM Eknath Shinde’s Response to the Union Budget"},"content":{"rendered":"\n

Modi Government Offers Major Relief to the Middle Class Nationwide<\/strong><\/p>\n\n\n\n

Mumbai : Deputy Chief Minister Eknath Shinde<\/strong> hailed the newly announced Union Budget<\/strong> as one that brings prosperity to every household. He stated that the budget creates a sense of festivity and joy<\/strong> across homes, as the income tax exemption limit has been raised to \u20b912 lakh<\/strong>, offering significant relief to the common people. He remarked that this year’s budget feels like a windfall<\/strong>, benefiting households across the country.<\/p>\n\n\n\n

The Modi government has made an unprecedented decision<\/strong> in income tax history, providing immense relief to millions of middle-class citizens<\/strong> by making annual incomes up to \u20b912 lakh tax-free<\/strong> and increasing the standard deduction limit to \u20b975,000<\/strong>. These revolutionary reforms in the new tax system<\/strong> will greatly benefit the middle class and economically weaker sections<\/strong> across India, Shinde emphasized.<\/p>\n\n\n\n

Presenting the eighth Union Budget<\/strong>, Finance Minister Nirmala Sitharaman<\/strong> outlined a roadmap for a developed India<\/strong>, realizing Prime Minister Narendra Modi’s vision<\/strong>. The significant income tax relaxations<\/strong> empower the middle class, poor, and economically weaker sections<\/strong>, reaffirming their crucial role in the nation’s progress<\/strong>, according to Shinde.<\/p>\n\n\n\n

The budget also places special emphasis on women and farmers<\/strong>, advances in artificial intelligence<\/strong>, job creation<\/strong>, and steps toward self-reliance (Atmanirbhar Bharat)<\/strong>, ensuring inclusive development<\/strong>.<\/p>\n\n\n\n

In her budget speech, the Finance Minister introduced a new Income Tax Bill<\/strong>, streamlining the tax system for greater ease and fairness. The decision to exempt incomes up to \u20b912 lakh from taxation<\/strong> is a major relief for middle-class taxpayers<\/strong>, Shinde added.<\/p>\n\n\n\n

Other Key Tax Relief Measures Include:<\/strong><\/p>\n\n\n\n