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“ If you compare what we have done today with what prevailed in 2014 under the Congress government, the narrative has always been about putting money back into the hands of the people. Compared to the 2014 tax rates under the Congress, someone earning ₹8 lakh now has nearly ₹1 lakh more in their pocket. In 2014, the tax on them was ₹1 lakh; now, it is zero. Moreover, someone earning ₹12 lakh had to pay ₹2 lakh in 2014; now, it is zero. That means ₹2 lakh more in their pockets,
Nirmala Sitharaman
Nirmala Sitharaman, a year
Why did govt increase income tax rebate from ₹7 lakh to ₹12 lakh? FM…

Statements by Nirmala Sitharaman

“ Elon Musk, citing IMF data, says, ‘Wow, is this true?’
Nirmala Sitharaman
Nirmala Sitharaman, 3 months
India to overtake US in GDP growth in 2026? Elon Musk issues big…
“ Recognising the need to enable critical infrastructure and boost investment in data centres, I propose to provide tax holiday till 2047 to any foreign company that provides cloud services to customers…
Nirmala Sitharaman
Nirmala Sitharaman, 3 months
Budget 2026: Tax Holiday Announced For Global Cloud Firms Using Indian…
“ This three-fold approach requires supportive ecosystem,
Nirmala Sitharaman
Nirmala Sitharaman, 3 months
‘3 kartavya’: Nirmala Sitharaman lays out theme of Union Budget 2026

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