Monday, October 3, 2022

Budget is betrayal of salaried, middle class, says Cong

The Congress on Tuesday termed the Union Budget 2022-23 announced by Financial Minister Nirmala Sitharaman as a “betrayal of India’s salaried and middle class” population for not announcing any rebates in the income tax slabs.
“India’s salaried class & middle class were hoping for relief in times of pandemic, all round pay cuts and back breaking inflation. FM & PM have again deeply disappointed them in Direct Tax measures. This is a betrayal of India’s Salaries Class & Middle Class,” Congress spokesperson Randeep Surjewala tweeted. While no changes were made in tax slabs, the government announced that updated income tax returns can now be filed within two years.
Former Finance minister and Congress leader P Chidambaram took a dig and the central government and Finance Minister Nirmala Sitharaman by pointing out that the word ‘poor’ occurred only twice as she presented the Union Budget 2022 in Parliament today. “The word ‘poor’ occurs only twice in para 6 & we thank FM for remembering that there are poor people in this country,” he said.
Chidambaram claimed that the speech by Sitharaman was the ‘most capitalist’ speech made by any finance minister. “People will reject this capitalist budget. Today’s budget speech was the most capitalist speech to be ever read by an FM,” he said.
Meanwhile, Congress leader Rahul Gandhi alleged that the Budget had nothing for the welfare of salaried people, the middle class, the poor, the youth, farmers and micro, small and medium enterprises.

SourceAGENCIES