Finance Minister Nirmala Sitharaman presented a record eighth consecutive budget in the Lok Sabha. During this, as soon as she announced that income tax will no longer be paid on income up to Rs 12 lakh, the faces of the employed people in Uttarakhand also lit up. During the budget session, Uttarakhand Finance Minister Premchand Agarwal was seen discussing at his residence in Yamuna Colony. Announcing the new tax slab, the Finance Minister said that this will strengthen the middle class’s economy. Now there is no income tax on income up to Rs 12 lakh. When standard deduction is also added, there will be no tax on income of Rs 12.75 lakh for salaried people. During this, he said that this budget is part of the efforts to increase the pace of development, overall development, increase investment in the private sector, strengthen domestic sensibilities and increase the spending capacity of the middle class.
CM Dhami reacted
CM Pushkar Singh Dhami tweeted and said, a big gift for the middle class. Under the visionary and strong leadership of Prime Minister Narendra Modi, an important decision has been taken to make income up to Rs 12 lakh tax free under the Union Budget 2025-26, giving great relief to the middle class. Said that this welfare decision will definitely benefit the common man of the country including the middle class. This decision will not only boost economic development but will also bring positive changes in the lifestyle of the people. Thank you for this historic decision – Congratulations to the Prime Minister.
