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Budget 2023: Amid exemption in income tax, picture of 31-year-old tax slab goes viral | WATCH

In the general budget presented today, Finance Minister Nirmala Sitharaman has announced a big relief for taxpayers and has kept income up to 7 lakhs out of tax

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Union Finance Minister Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman has presented the general budget for 2023-24. This time the Finance Minister presented the budget for the 5th time. The common man has been taken full care of in this budget. Big relief has been given to the biggest taxpayers by giving exemption in the tax slab. Now no tax will have to be paid on income up to Rs 7 lakh. Taxpayers will be given this exemption under the new tax system.

In the midst of great relief to the taxpayers, a picture is going viral on social media. This picture is of the tax slabs released during the 1992 budget. The change in tax slabs in 1992 and today can be gauged from this picture.

Watch the viral photo here:

Photo of 1992 tax slab

PV Narasimha Rao’s government in 1992 is called the father of liberalisation in the country. Manmohan Singh, who was the Finance Minister in Rao’s government, presented the budget, which opened the way for economic reforms in the country. In this budget, the tax slab was divided into three parts.

Read Also: Budget 2023: Nirmala Sitharaman outlines 7 priorities, calls them saptarishis

What was tax slab in 1992?

Now, let’s talk about the picture which is in discussion. In this picture shared by a Twitter handle, information about the tax slab of 1992 has been given. Its caption reads New Income Tax Slab in the 1992 Budget. No tax up to Rs 28,000. 20 per cent tax from Rs 28001 to Rs 50000. 30 per cent tax from Rs 5,0001 to Rs 1,0000. 40 per cent income tax on income above Rs 1 lakh. Along with this, a photo of Indian Express has also been shared.

This tweet has gone viral. Till now hundreds of users have liked this picture. A user wondered what will be the tax on 10 lakhs.

What is the tax slab today?

In the general budget presented on February 1, 2023, Finance Minister Nirmala Sitharaman has announced a big relief for taxpayers and has kept income up to 7 lakhs out of tax. Under the new income tax slab, taxpayers will not have to pay any tax on income between 0 to 3 lakh rupees. 5 per cent for Rs 3 to 6 lakh, 10 per cent for Rs 6 to 9 lakh, 15 per cent for Rs 9 lakh to 12 lakh, 20 per cent for Rs 12 to Rs 15 lakh and 30 per cent for income above Rs 15 lakh . It is obvious that compared to today’s budget of 1992, the exemption for tax at that time was very less.

Budget 2023: Middle class woes memes flock the social media platforms

Budget 2023: No tax on income up to Rs 7 lakh, revised tax slabs for new regime

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What is SACHET, the app PM Modi mentioned in Mann Ki Baat?

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PM Modi on BJP Foundation day

During his Mann Ki Baat broadcast on Sunday, Prime Minister Narendra Modi highlighted the Sachet app, an innovative alert system developed by the National Disaster Management Authority (NDMA).

Rolled out across India, Sachet harnesses geo-intelligence to provide near-instantaneous disaster warnings through diverse channels like SMS, web browser notifications, and RSS feeds.

The app’s website advises users to stay alert for SMS alerts marked with the “XX-NDMAEW” header. Beyond disaster alerts, Sachet offers weather updates and allows users to track multiple locations, delivering notifications directly to desktops or laptops. Subscribed entities, such as news outlets, can access alerts via RSS feeds to amplify public warnings.

The app has gained significant traction, with roughly 5.4 crore downloads in Uttar Pradesh, 4.6 crore in Delhi, and 1.1 crore in Maharashtra, underscoring its vital role in bolstering disaster readiness.

Modi praised Sachet as a testament to India’s use of technology to empower citizens, ensuring timely information to mitigate risks during emergencies.

The Prime Minister also addressed the tragic Pahalgam terror attack in Jammu and Kashmir on April 22, which claimed 26 lives, predominantly tourists, in the tranquil Baisaran valley.

The investigation has been handed over to the National Investigation Agency (NIA), with the Ministry of Home Affairs urging a swift probe into one of the region’s most lethal civilian attacks in nearly two decades.

The NIA, in a press release, outlined its approach: “Under the supervision of senior officers, including an Inspector General, Deputy Inspector General, and Superintendent of Police, our teams are meticulously interviewing eyewitnesses to piece together the chilling sequence of events.”

The agency is delving into granular details to identify the culprits, linked to The Resistance Front, an affiliate of the Pakistan-based Lashkar-e-Taiba. As the NIA intensifies its efforts, the focus remains on securing justice and fortifying security, especially with the Amarnath Yatra scheduled to commence on July 3, a time when Kashmir expects a surge in visitors.

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NIA takes over Pahalgam terror attack case from J&K Police

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The National Investigation Agency (NIA) has assumed control of the investigation into the devastating Pahalgam terror attack, taking over from the Jammu and Kashmir Police to probe the April 22, 2025, assault that killed 26 tourists, including one Nepali citizen, and injured over three dozen others.

The agency registered a fresh First Information Report (FIR) late Saturday, April 26, following directives from the Ministry of Home Affairs’ Counter Terrorism and Counter Radicalisation (CTCR) division, prompted by the attack’s severity and the involvement of The Resistance Front (TRF), a proxy of the Pakistan-based Lashkar-e-Taiba (LeT), which claimed responsibility.

Five days after the attack and four days after an NIA team, led by a Deputy Inspector General, visited the Baisaran meadow attack site near Pahalgam, the agency formally launched its probe. The team had initially supported local police in investigating what is considered the deadliest civilian attack in Jammu and Kashmir in nearly two decades.

The NIA is now tasked with conducting a comprehensive assessment, collecting forensic evidence, and identifying the perpetrators of the 2 p.m. massacre, which shattered the tranquility of a popular tourist destination. Helicopters were deployed to evacuate the wounded, underscoring the scale of the tragedy.

The attack coincides with a surge in tourist arrivals to Kashmir, raising concerns ahead of the 38-day Amarnath Yatra, set to begin on July 3. Against this backdrop, intelligence agencies have compiled a list of 14 local terrorists, aged 20 to 40, actively supporting Pakistan-based operatives with logistics and ground operations.

These individuals, affiliated with Hizbul Mujahideen, LeT, and Jaish-e-Mohammed (JeM), include Adil Rehman Dentoo (LeT’s Sopore commander since 2021), Asif Ahmed Sheikh (JeM’s Awantipora commander since 2022), Ahsan Ahmed Sheikh (LeT, Pulwama, since 2023), Haris Nazir (LeT, Pulwama, since 2023), Aamir Nazir Wani (JeM, Pulwama, since 2024), Yawar Ahmed Bhat (JeM, Pulwama, since 2024), Asif Ahmed Khanday (Hizbul Mujahideen, Shopian, since 2015), Naseer Ahmed Wani (LeT, Shopian, since 2019), Shahid Ahmed Kutay (LeT/TRF, Shopian, since 2023), Aamir Ahmed Dar (LeT, Shopian, since 2023), Adnan Safi Dar (LeT/TRF, Shopian, since 2024), Zubair Ahmed Wani (Hizbul Mujahideen’s Anantnag commander since 2018), Haroon Rashid Ganai (Hizbul Mujahideen, Anantnag, trained in PoK in 2018), and Zakir Ahmed Ganie (LeT, Kulgam).

Security forces have intensified operations in South Kashmir, particularly Anantnag and Pulwama, targeting these operatives to disrupt terror networks. The NIA is also exploring links between these 14 individuals and five terrorists involved in the Pahalgam attack, including three Pakistani nationals—Asif Fauji, Suleman Shah, and Abu Talha—whose sketches were released earlier, and two local operatives, Adil Guri and Ahsan, with a ₹20 lakh bounty on each.

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Terrorists shoot dead social activist Ghulam Rasool in J&K’s Kupwara

His words underscore a growing international consensus on the need for collective action to address the scourge of militancy, particularly as India-Pakistan tensions flare.

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In a grim reminder of the region’s fragile security, suspected terrorists shot dead 45-year-old social activist Ghulam Rasool Magray in his home in Kandi Khas, Kupwara district, late Saturday night.

According to officials, the assailants fired at Magray inside his residence, and despite being rushed to a hospital, he was declared dead on arrival. The motive behind targeting the activist remains unclear, deepening the unease in a region still reeling from the recent Pahalgam terror attack.

Authorities have launched an investigation to uncover the circumstances and perpetrators of this brazen killing.

The murder follows the devastating Pahalgam attack on April 22, which claimed 26 lives, mostly tourists, and was attributed to The Resistance Front, a front for the banned Lashkar-e-Taiba. In response, security forces have escalated their crackdown on the terror ecosystem. On Saturday night, officials demolished the homes of three active terrorists across Jammu and Kashmir, signaling zero tolerance for militancy. In Shopian’s Wandina, the residence of Adnan Shafi, who joined terrorist ranks in 2024, was razed. In Pulwama, the house of Amir Nazir met a similar fate, while in Bandipora, the home of Jameel Ahmad Shergojri, a Lashkar-e-Taiba operative since 2016, was reduced to rubble. These actions reflect the government’s resolve to dismantle terror networks in the wake of escalating violence.

The Pahalgam attack has reverberated beyond India’s borders, drawing condemnation from Iranian President Masoud Pezeshkian during a phone call with Prime Minister Narendra Modi on Saturday, April 26. In a statement shared on X by Iran’s embassy in New Delhi, Pezeshkian labeled the attack “inhumane” and called for regional solidarity to combat terrorism. “Such tragedies compel nations to unite in empathy and cooperation to uproot terrorism and secure lasting peace,” he said. His words underscore a growing international consensus on the need for collective action to address the scourge of militancy, particularly as India-Pakistan tensions flare.

The killing of Magray comes amid heightened India-Pakistan friction, with New Delhi suspending the 1960 Indus Waters Treaty and Islamabad retaliating by closing its airspace to Indian airlines and threatening to suspend bilateral agreements. Cross-border skirmishes along the Line of Control have intensified, with the Indian Army reporting exchanges of fire for two consecutive nights

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