PM Modi was quick to agree to tax relief, bureaucrats took time: Finance Minister Nirmala Sitharaman
- Posted on February 2, 2025
- By Business News Today
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PM Modi was quick to agree to tax relief, bureaucrats took time: Finance Minister Nirmala Sitharaman
Finance Minister Nirmala Sitharaman described the Union Budget as 'by the people, for the people, of the people,' with PM Modi supporting tax cuts for the middle class. She announced a hike in the personal income tax threshold and new tax brackets aimed at reducing the tax burden and boosting household consumption, savings, and investment.