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In the last 10 years, we have enhanced savings of the middle class: PM Modi

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Business Standard

Replying to the Motion of Thanks on President's address in Lok Sabha, PM Modi said, "In the last 10 years, we have enhanced savings of the middle class by reducing Income Tax. Before 2014, such 'bombs' were hurled and 'bullets' were shot, that it affected the lives of people. We gradually healed those wounds and moved forward. In 2013-2014 tax exemption was only on Rs 2 Lakh income. Today there is an Income tax exemption on Rs 12 lakh income...We healed wounds and today we have applied bandages too.

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