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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

India News

Centre asks Blinkit, Zepto and Swiggy to stop 10-minute delivery claims

The Centre has urged Blinkit, Zepto and Swiggy to remove 10-minute delivery claims, citing safety concerns for delivery partners, government sources said.

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10 minutes delivery

The Centre has asked quick commerce platforms such as Blinkit, Zepto and Swiggy to remove claims related to 10-minute deliveries, citing concerns over the safety of delivery partners, according to government sources.

The issue was discussed during a meeting between Union Labour Minister Mansukh Mandaviya and representatives of major food and grocery delivery aggregators. Executives from platforms including Zomato, Swiggy, Blinkit and Zepto were present at the meeting, sources said.

Safety of delivery partners discussed in meeting

Government sources indicated that the minister raised concerns about strict delivery timelines and their potential impact on the safety and well-being of delivery partners. Platforms were advised to prioritise safe working conditions instead of promoting ultra-fast delivery promises.

The discussion focused on delivery expectations, rider pressure and the broader responsibility of aggregators towards their workforce, sources added.

Blinkit revises tagline after government intervention

Following the meeting, Blinkit has revised its marketing tagline. The platform earlier promoted “10,000 plus products delivered in 10 minutes” but has now changed it to “30,000 plus products delivered at your doorstep,” according to sources.

The revision reflects a shift away from highlighting delivery speed as a key promise, in line with the concerns raised during the discussions.

The government is expected to continue engaging with aggregators on labour welfare and safety-related issues, sources said.

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AI errors in voter list digitisation causing hardship during SIR, Mamata writes to EC chief

Mamata Banerjee has written to the chief election commissioner alleging that AI-driven digitisation errors in electoral rolls are causing hardship, harassment and distress to genuine voters during the SIR process in West Bengal.

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mamta banerjee

West Bengal Chief Minister Mamata Banerjee has once again written to Chief Election Commissioner Gyanesh Kumar, alleging that errors arising from AI-driven digitisation of the 2002 electoral rolls are causing widespread hardship to genuine voters during the ongoing Special Intensive Revision (SIR) exercise in the state.

In her fifth letter since the SIR process began, Banerjee claimed that the use of artificial intelligence tools to digitise older voter lists led to serious inaccuracies in electors’ personal details. According to her, these errors have resulted in large-scale data mismatches, with many genuine voters being wrongly flagged as having “logical discrepancies”.

The chief minister accused the Election Commission of disregarding statutory processes that had been followed over the past two decades. She said voters were now being forced to re-establish their identity despite corrections having been made earlier through quasi-judicial hearings.

Calling the approach arbitrary and illogical, Banerjee alleged that it went against the constitutional spirit by effectively disowning the commission’s own past actions and mechanisms. She further claimed that voters submitting documents during the SIR exercise were not being given proper acknowledgements, terming the procedure “fundamentally flawed”.

Raising concerns over the nature of hearings, Banerjee said the SIR process had become largely mechanical and overly dependent on technical data, lacking sensitivity, human judgment and compassion. She argued that such an approach undermines democratic values and the constitutional framework.

Highlighting the human impact of the exercise, the chief minister claimed that the revision process had already seen 77 deaths, four suicide attempts and 17 cases of hospitalisation. She attributed these incidents to fear, intimidation and excessive workload caused by what she described as an unplanned exercise by the Election Commission.

Banerjee also criticised the treatment of several eminent citizens, alleging that they were subjected to harassment during the process. She further expressed concern over the handling of cases involving women voters, particularly those who had changed their surnames after marriage or shifted to their matrimonial homes.

According to her, women electors were being questioned and summoned to prove their identity, reflecting a lack of social sensitivity and amounting to an insult to women and genuine voters. She questioned whether a constitutional authority should treat half of the electorate in such a manner.

Urging immediate corrective steps, Banerjee called on the Election Commission to address the issues arising from the SIR exercise to end what she described as harassment and agony for both citizens and officials, and to safeguard democratic rights.

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Communist Party of China delegation visits BJP headquarters in Delhi

A delegation from the Communist Party of China, led by Vice Minister Sun Haiyan, visited the BJP headquarters in Delhi and held discussions on inter-party communication.

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China delegation visits BJP office

A delegation from the Communist Party of China (CPC), led by Sun Haiyan, Vice Minister of the International Department of the CPC Central Committee (IDCPC), visited the Bharatiya Janata Party (BJP) headquarters in Delhi on Monday.

During the visit, the Chinese delegation held discussions with a BJP team headed by party general secretary Arun Singh. The talks focused on ways to advance inter-party communication and engagement between the BJP and the CPC.

Sharing details of the meeting, BJP foreign affairs department in-charge Vijay Chauthaiwale said the interaction involved an in-depth exchange on strengthening party-to-party dialogue. He confirmed the visit in a post on social media, stating that the CPC delegation was received at the BJP head office as part of ongoing inter-party interactions.

The Chinese Ambassador to India, Xu Feihong, was also present during the meeting, accompanying the CPC delegation.

According to Chauthaiwale, the visit was led by Sun Haiyan in her capacity as Vice Minister of the IDCPC, underscoring the importance attached to party-level exchanges between the two sides.

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