FM Nirmala Sitharaman Lists Out How Tax Burden On Middle-Class Has Been Reduced

Finance Minister Nirmala Sitharaman on August 7 said that there has been "substantial tax relief" for middle class in last two years. Replying in Lok Sabha, Sitharaman begins her address by listing out all the measures that have been taken by the government for the middle class. "In the last two years, substantial relief has been given to the middle class." Sitharaman also said that there will be a comprehensive review of the rate structure of indirect taxes in the next 6 months. She added that the proposals in the tax segment in her Budget 2024 speech are based on the approach to bring in greater simplification of tax laws and are technology-driven.