Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

BJP in Kerala welcomes Budget; Congress, CPI(M) MPs call it 'disappointing'

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... BJP in Kerala welcomes Budget; Congress, CPI(M) MPs call it 'disappointing'
Budget
Dated:- 1-2-2025
PTI
Thiruvananthapuram/New Delhi, Feb 1 (PTI) The BJP in Kerala termed the Union Budget 2024-25 as a "game-changer" even as some Congress and CPI(M) MPs termed it as a "disappointment". BJP state president K Surendran said the budget was a "game-changer" as it provides a "massive relie .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... f" to the middle-class by exempting tax on incomes upto Rs 12 lakh per annum under the new tax regime. "This Budget is a game-changer for the common man, the true backbone of Kerala and India. Under the visionary leadership of PM @narendramodi Ji and FM @nsitharaman Ji, the Union Budget 2025 delivers massive relief to the middle class with NO Income Tax up to Rs 12 lakh. "A clear message that .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... BJP is the true advocate for the people’s prosperity! Thanks to the NDA government for this transformative step!" he said in a post on social media platform X. Congress MP Rajmohan Unnithan welcomed the tax exemption on incomes upto Rs 12 lakh, but said that apart from that the budget was "a disappointment". He said that there was no mention of the allocation of funds for the various states an .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... d will have to wait for the discussions on the budget to get clarity on the issue. Unnithan also said that just like in the budget of 2024, the present one also gave priority to the states of Andhra Pradesh and Bihar as appeasing them was important for the survival of the present BJP-led government. "They (BJP) were hoping for over 400 seats, but got only 240. So, they are giving priority to A .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ndhra Pradesh and Bihar," he told a TV channel in New Delhi. He was referring to the present BJP-ruled government managing to retain power through the support of Andhra Pradesh CM Chandrababu Naidu and Bihar CM Nitish Kumar. "Secondly, the elections for Delhi assembly are coming on February 5, so they are also trying to woo middle class voters through this budget," the Congress MP contended, a .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... dding that "we cannot say it is a people-friendly budget". CPI(M) MP John Brittas too expressed disappointment with the budget, saying that just like last year, there was no mention of Kerala in it. He also said, while speaking to reporters in the national capital, that the Union government was trying to create a big impression by intervening in the problems of just two per cent of the income .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... tax payers. PTI HMP HMP ROH
News - Press release - PIB .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates