Personal Tax⚖️Corporate Tax? सच क्या है | Nirmala Sitharaman Exposes Myth |Budget 2026|ITRAwareness
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Загружено: 2026-02-16
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Personal Tax ⚖️ Corporate Tax? सच क्या है | Nirmala Sitharaman Exposes Myth |Budget 2026|ITRAwareness
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Nirmala Sitaramanji speech to reply to Raghav Chadha speech on union budget 2026
This video discusses the Indian budget and addresses the misconception that the middle class is being suppressed due to higher personal income tax collection compared to corporate tax (0:10). The speaker, Nirmala Sitharaman, argues that this conclusion is fundamentally a misdiagnosis of the situation (3:05).
Here's a breakdown of her points:
Middle-Class Expansion: There's evidence of historic middle-class expansion and formalization due to economic reforms over the last decade (3:27).
Increased Taxpayers: The number of taxpayers has more than doubled, from 5.26 crore to 12.13 crore, between 2013-14 and 2024-25 (4:14). This indicates a widening tax net, not suppression (5:02).
Tax Limit Increase: The income tax limit has increased to 12 lakhs for everyone, and 12.75 lakhs for the salaried class (5:15).
Simplified Tax Regime: The new tax regime has simplified filing and due diligence (5:50).
Lowered Household Costs: GST rationalization has also lowered household costs (5:58).
Rising Real Incomes & Low Inflation: The idea of a suppressed middle class cannot coexist with rising
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Disclaimer: This is for informational purposes only and does not constitute financial or tax advice. For personalized guidance, please consult a tax professional.
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