Interim Finance Minister Piyush Goyal presented the interim budget for 2019 today and in an unexpected decision, announced that taxpayers with annual income up to ₹5 lakh will not be taxed anymore.
And as you expected, Twitter exploded with the news.
SALARIED TAX PAYERS. _ Explained
If your taxable income is Rs 5 lakh or less after all deductions , YOU WILL NOT PAY ANY INCOME TAX. If you income is more than Rs 5 lakh no changes. Applicable April 2019 onwards. Good move #Budget2019— Faye DSouza (@fayedsouza) February 1, 2019
#Budget2019 After hearing that good news , middle class ppl right now : pic.twitter.com/hrYriG8cEJ
— Amar pal singh bhalla (@SARDARpirate) February 1, 2019
No #TDS on interest income upto ₹40,000. #Budget2019 #BudgetSession2019 #IncomeTax
— Siddharth Mehta (@thesidmehta) February 1, 2019
Indirect benefits were always there, now direct benefits to middle class. #IncomeTax
— Rahul Roushan (@rahulroushan) February 1, 2019
Finally… some relief in #incometax individual taxpayers with annual income of up to Rs. 5 lakh will get full tax rebate. pic.twitter.com/IEs5H0M1hW
— Anilkumar Manthena (@manthenanil) February 1, 2019
No tax for income upto 5lakh #incometax #auditorsconditionnow pic.twitter.com/mdUd5WWXYT
— gpkarthick (@gpvj10) February 1, 2019
Indian middle-class.
Pic 1: When #Budget2019 speech began.Pic 2: After no changes in income tax exemption slab. pic.twitter.com/8o6Lg9owEz— Rajiv K Mishra (@rajivjournalist) February 1, 2019
Middle-class now. #Budget2019 #incometax pic.twitter.com/CwludabnIQ
— Rajiv K Mishra (@rajivjournalist) February 1, 2019
#MiddleClass after hearing the #Budget2019 pic.twitter.com/yIPVJTPG8e
— Sarcasm_in_Blood (@fatherofdankme1) February 1, 2019
#AccheDin aa chuke hai…#IncomeTax #Budget2019 #PiyushGoyal #Modi
— Ankit Sikchi (@Ankit_Sikchi) February 1, 2019
#BudgetForNewIndia #incometax #Budget2019 #PiyushGoyal #NaMoAgain #ModiFor2019 #TransformingIndia #NaMoAgain #NaMoAgain2019 pic.twitter.com/Pls8Lwmazw
— mohit sharma (@Mohit475Sharma) February 1, 2019
Woah 😍😍 bas ab yeh sochna hai ki 5 lakh kamaye kaise jaye https://t.co/komwmShPiH
— ㅤ ㅤ ㅤ ㅤ ㅤ ㅤ ㅤ ㅤㅤ ㅤ ㅤ ㅤ (@firkiii) February 1, 2019
@narendramodi now the #Santa of middle class and farmers ..#BudgetForNewIndia #InterimBudget2019 #incometax #Budget2019 #ModiOnceMore #PiyushGoyal pic.twitter.com/C9nYRiSmwU
— Sanskari♠ (@FrEaKY178) February 1, 2019
For those who say that middle-class is not the target voter for this government. If the meta-tag of the last budget is #IncomeTax rebate, it shows that the government is damn serious about the middle class votes! #Budget2019
— Manu Kaushik (@manukaushik) February 1, 2019
Middle class before and after #Budget2019 pic.twitter.com/JBbK8PQWVM
— Kuptaan 🇮🇳 (@Kuptaan) February 1, 2019
When you see people being happy about the income tax slab rising but you don’t have any income. #Budget2019 pic.twitter.com/H2EsfRh3My
— Pakchikpak Raja Babu (@HaramiParindey) February 1, 2019
it took loss in 3 states to implement #incometax
should have happenned in 2010 in UPA and 2015 in NDAnow its too little too late— #DestroyTheAadhaar غریب عوینجر (@GreySasquatch) February 1, 2019
Piyush Goyal proved himself finisher at par with M.S.Dhoni…
Last ball pe chakka! 😂😂 #incometax #Budget2019— FuGgi (@MsFuggi) February 1, 2019
Income hi nahi bachi hai ye government ki vahjah se toh tax kahan se bharu. #incometax
— santosh kolte (@Santosh_kolte89) February 1, 2019
Honest tax-payers after hearing about full tax rebate upto 5 lacs #Budget2019 pic.twitter.com/fvVLJnvvOk
— The-Lying-Lama (@KyaUkhaadLega) February 1, 2019
Middle class right now. #Budget2019 #BudgetForNewIndia pic.twitter.com/NdeoInUdbC
— Akshay | ಅಕ್ಷಯ | अक्षय (@AkshayKatariyaa) February 1, 2019
Piyush goyal – Individuals earning up to Rs. 5 Lakhs will get full tax rebate.
Middle class people – #Budget2019 pic.twitter.com/finO44XSad— Pranjul Sharma 🌞 (@Pranjultweet) February 1, 2019
Well, people seem elated. And that’s an understatement. Well played, Modiji.