Budget 2025: Nirmala Sitarman announced ‘no income tax up to 12 lakhs’, is a field day of internet – CNBC TV18

Budget 2025: Nirmala Sitarman announced ‘no income tax up to 12 lakhs’, is a field day of internet – CNBC TV18

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Finance Minister Nirmala Sitarman unveiled an important overhaul of the new tax regime in his Union Budget 2025 speech on Saturday, 1 February. In a big step to reduce tax burden on the middle class, Sitarman introduced a zero-tax slab for taxpayers, earning up to ₹ 12 lakhs per year.

The announcement created a wave of happiness among the salaried population of the middle-class, and many users shared memes, videos and reels expressing their happiness on “big relief”.

Take a look at the budget 2025 lamb:

In an X post, a user posted a video of the youth, who is dancing, “Pov – this is always a low quality video.”

The caption of the video reads, “Up to 12 lakhs of income tax response #Budget 2025 #BeftectSession2525 #nirmalasitharaman

This user shared a small clip from the film KrishThe main character is the specialty of Hrithik Roshan. “Under the new income tax regime, ₹ 12 lakh is not up to income. Meanwhile, salaried middle class Indians:-“It captioned X post.

A third user reacted with a dance video, wrote, “No new income tax is payable up to ₹ 12 lakhs. Salary class: ”

A fourth user said, “There is no tax up to 12 lakhs. Happiness as long as it remains. Consumerism will increase again. ,

Another user took X to share a GIF of the resting man. The caption of the post states, “There is no income tax up to 12 lakhs. Middle class people: ‘rest mode’ “

An X user shared a video of the film Welcome, showing prominent actors including Akshay Kumar, Nana Patekar, Katrina Kaif, Anil Kapoor and other dances. “Finally no income tax is not up to Rs 12 lakh. The party’s people,” were read in the caption.

Another user shared a short video with popular television SICOM friends. In the clip, major characters are seen playing a drum on the background of a Bhojpuri song from Comedy-Drama. PanchayatThe caption of the post reads, “There is no tax up to 12 lakh income under the new tax regime. Meanwhile salaried middle class Indians.”

Taxpayers who have earned up to ₹ 12 lakh have now been exempted from income tax. The taxable income limit of salaried persons with a standard deduction of ₹ 75,000 is and 12.75 lakhs. This major change from the range of last ₹ 7 lakh enables more taxpayers to maintain their entire income.

This announcement is expected to promote disposable income, increase savings and stimulate domestic consumption.

(edited by : Sudarshan Mani,

first published: February 1, 2025 2:46 pm First

A T) Middle class budget (T) salaried budget

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