Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Make Most of Text Search
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
  6. Text Search
  7. The system will try to fetch results that contains ALL your words.
  8. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
  9. Text Search
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 News - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
Category: ?
Categorized by AI
---- All Categories ----
  • ---- All Categories ----
  • Income Tax
  • GST
  • Customs, DGFT & SEZ
  • FEMA & RBI
  • Corp. Laws, SEBI & IBC
  • PMLA, Black Money & ED
  • Budget
  • News and Press Release
  • PTI News
Month:
---- All Months ----
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
RelevanceDefaultDate
    No Records Found
    ❯❯
    MaximizeMaximizeMaximize
    0 / 200
    Expand Note
    Add to Folder

    No Folders have been created

      +

      Are you sure you want to delete "My most important" ?

      NOTE:

      News
      Showing Results for :
      Reset Filters
      Results Found:
      AI TextQuick Glance by AIHeadnote
      Show All SummariesHide All Summaries
      No Records Found

      News

      Back

      All News

      Showing Results for :
      Reset Filters
      Showing
      Records
      ExpandCollapse
        No Records Found

        News

        Back

        All News

        whatsappJoin Channel
        Showing Results for : Reset Filters
        Case ID :

        'Tax relief like sugar rush, won't help in long run': Maran

        February 10, 2025

        📋
        Contents
        Note

        Note

        -

        Bookmark

        print

        Print

        Login to TaxTMI
        Verification Pending

        The Email Id has not been verified. Click on the link we have sent on

        Didn't receive the mail? Resend Mail

        Don't have an account? Register Here

        New Delhi, Feb 10 (PTI) The opposition on Monday slammed the government for making little provisions for the common man in the Union Budget, saying the tax relief for the middle class was like an "economic sugar rush" which will have no long-term benefit.

        Participating in the debate on the Union Budget in the Lok Sabha, DMK's Dayanidhi Maran said preference has been given to the corporates and not the common man.

        The debate on the Union Budget began on Friday.

        Maran claimed that prices of essential commodities were going up which were hurting the interests of the poor and the middle classes.

        Dubbing the budgetary provision as "unjust", he said it does not take care of the interests of people.

        The DMK leader also accused the Modi government of coming out with budgets in successive years which have focussed on poll-going states keeping in mind political gains.

        Taking a swipe at the finance minister, he said whenever the opposition flags the falling value of the rupee, Nirmala Sitharaman always responds saying the rupee is not getting weaker but the USD was emerging stronger.

        Referring to the outcome of the Delhi Assembly polls, he said the tax benefit proposed in the Union Budget for the middle class helped the BJP. But, Maran, said that less than three crore people will actually benefit.

        He said the tax relief was like an "economic sugar rush" which was untenable for a long term.

        Manish Tewari of the Congress claimed that in the past one decade the government debts have soared which has created problems for the future generation.

        He described the debt on the government as "inter-generational debt".

        The Congress leader claimed that while the common man continues to face problems due to the government's economic policies, the agriculture sector too was in a bad shape. He wondered how MNREGA man days were increasing if the farm sector was prospering.

        During the course of their speeches, Maran and Tewari questioned the absence of Finance Minister Nirmala Sitharaman. The Chair said the minister of state for Finance was present and the FM herself was in the Rajya Sabha.

        Maran claimed that since the FM was not personally present, his party would boycott her reply to the debate. PTI NAB AS AS

        Tax relief seen as short term economic sugar rush, benefitting few while leaving structural debt and price pressures unaddressed. Opposition views the Union Budget's middle class tax relief as a short term measure that benefits few and favours corporate interests, failing to tackle rising prices or structural economic problems. They warned of mounting government debt constituting an intergenerational debt concern and highlighted agricultural distress despite increased rural wage employment; the Finance Minister's absence from the Lok Sabha debate led to a party's announced boycott of her reply.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Tax relief seen as short term economic sugar rush, benefitting few while leaving structural debt and price pressures unaddressed.

                                Opposition views the Union Budget's middle class tax relief as a short term measure that benefits few and favours corporate interests, failing to tackle rising prices or structural economic problems. They warned of mounting government debt constituting an intergenerational debt concern and highlighted agricultural distress despite increased rural wage employment; the Finance Minister's absence from the Lok Sabha debate led to a party's announced boycott of her reply.





                                Note: It is a system-generated summary and is for quick reference only.

                                Topics

                                ActsIncome Tax
                                No Records Found