India’s Middle Class Boom: “Taxpayer Numbers More Than Double In Just 11 Years”, Says FM Sitharaman

Описание: Finance Minister Nirmala Sitharaman told the Rajya Sabha that India’s economy is expanding beyond the elite, with the middle class growing steadily. She said the number of income-tax payers has risen sharply from 5.26 crore in 2013–14 to 12.13 crore in 2024–25, more than doubling in just 11 years. This, she noted, represents one of the largest structural expansions of India’s middle class. Sitharaman stressed that a widening tax base and voluntary compliance reflect economic growth, rising confidence, and greater public participation, not suppression.

#FMNirmalaSitharaman #IndianEconomy #MiddleClassGrowth #IncomeTax #Taxpayers #BJP #BusinessToday #EconomicGrowth #IndiaNews #FinanceNews #PMModi #TaxReforms #NirmalaSitharaman #BreakingNews #BJPVsCongress #ParliamentBudgetSession
-----------------------
Thank You for watching! Do not forget to Like | Comment | Share
-----------------------
About the channel
Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others.

Follow us at:
Website: https://www.businesstoday.in
WhatsApp: whatsapp.com/channel/0029Va4Hd309hXFCqY62yD2I
Facebook:   / businesstoday  
twitter:   / business_today  
Instagram:   / business_today