Paraphrasing Abraham Lincoln, Finance Minister Nirmala Sitharaman on Sunday described the Union Budget as by the people, for the people, of the people, and said Prime Minister Narendra Modi was fully behind the idea to cut taxes but it took time to convince the bureaucrats. "We have heard the voice of the middle class who had been complaining about their aspirations not being met despite being honest taxpayers," she told PTI in an interview.
Challenges Faced
Sitharaman highlighted the challenges faced in implementing tax cuts, stating that convincing the bureaucracy was a time-consuming process. However, she assured the public that the government was committed to addressing the concerns of the middle class.
Benefits for Middle Class
The Finance Minister emphasized that the tax cuts would benefit the middle class, who have been struggling with high tax burdens. She stated that the government's goal was to provide relief to honest taxpayers and encourage compliance with tax regulations.
Future Plans
Sitharaman outlined the government's future plans to continue reducing tax rates and simplifying the tax system. She expressed confidence that these measures would stimulate economic growth and create a more favorable environment for taxpayers.
Conclusion
In conclusion, Finance Minister Nirmala Sitharaman's commitment to reducing taxes and addressing the concerns of the middle class reflects the government's dedication to promoting economic prosperity and fairness. The Union Budget 2021 aims to support honest taxpayers and foster a more equitable tax system.
