
2 months ago
Will Middle Class Finally Have Something To Look Forward To In Budget? Here's What PM Modi Said
ABP NewsPrime Minister Narendra Modi's customary pre-Budget speech on Friday, January 31, gave the nation's middle class something to look forward to in Budget 2025. However, in FY 2022-23, PIT again exceeded CIT, with collections reaching Rs 8.33 lakh crore compared to CIT's Rs 8.25 lakh crore. According to the 2024-25 budget, PIT collections are expected to rise to Rs 11.87 lakh crore, while CIT is forecast to be Rs 10.2 lakh crore. Budget Amid Delhi Elections PM Modi's mention of the middle class in his pre-Budget speech seems to be spurred by the increased focus on the approaching assembly elections in Delhi.
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History of this topic

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