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National News

Feb 01, 2019
6:07PM

Major reliefs provided in budget to taxpaying segments: Jaitley

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Union Minister Arun Jaitley today said that the major reliefs have been provided in the budget to the taxpaying segments of the population. In his Facebook page, Mr Jaitley said, the tax exemption limit was first raised from 2 lakhs to 2.5 lakh rupees and now those earning up to 5 lakh rupees have been exempted from paying income-tax. 
 
He said the budget is unquestionably pro-growth, fiscally-prudent, pro-farmer, pro-poor and strengthens the purchasing power of the middle class.
 
Mr Jaitley said reforms have been undertaken with the idea of enhancing growth and the benefits of high growth have gone predominantly to the poor, rural and the farm sector and infrastructure creation. He said, India is the fastest growing major economy in the world and is becoming a nation where it is easier to do business. 
 
Mr Jaitley said the Prime Minister’s leadership has provided India with a decisive Government which is capable of even taking difficult decisions.

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