Presenting this government’s last budget before the Lok Sabha elections, Finance Minister Piyush Goyal went out all the way to woo farmers and the middle class. The Union Budget 2019 is packed with schemes for farmers, sops for the unemployed and tax relief for the middle class, though implementation of the schemes is left to the next government.
The pre-election budget had the most pleasant surprise for the salaried class as the FM announced full tax rebate for individuals aged below 60 years if their income is less than Rs 5 lakh per annum. Together with Rs 1.5 lakh savings on investment, one does not need to pay any tax if his or her total income does not exceed Rs 6.5 lakh.
The middle class has welcomed the move and social media platforms are flooded with reactions. While some are expressing thanks or analysing and dissecting the announcements, some are cracking hilarious jokes about how they are feeling.
Take a look at the tax relief memes shared by people on Twitter.
— Amar pal singh bhalla (@SARDARpirate) February 1, 2019
— IT wala banda (@prasadhegde101) February 1, 2019
— Corruption Free India (@sagenaradamuni) February 1, 2019
Don’t be sad if your taxable income is more than 5 lakh. You can donate the rest of your income to AAP and go tax free. #Budget2019
— Trolu Kejri (@TroluKejri) February 1, 2019
On a lighter note :
Now suddenly total income of many people will increase from 245000 to 495000 😂 #Budget2019
— Rishi Bagree 🇮🇳 (@rishibagree) February 1, 2019
— Rinku’s Ramblings (@nair_rinku) February 2, 2019
— Peeyush gautam (@Peeyushgautam4) February 2, 2019
— Anuj Vasani (@AnujVasani) February 1, 2019
— Abimanyu Patriot (@BjymAbimanyu) February 1, 2019
— THE VAIRAGI (@TheVairagi) February 2, 2019
Just did an in-depth analysis of #Budget2019. I think the most positive thing about it is, it may well be Modi govt’s last.
— Punster® (@Pun_Starr) February 1, 2019
— Montu-G (@MontuG_) February 1, 2019
— Nikki meena (@nikita_anand) February 2, 2019
— meme.lad (@_memelad) February 1, 2019
Expectation Reality pic.twitter.com/SkqKYeqRmU
— Auto Raja (@AutoRaja12) February 2, 2019
— Arsh Mehdi (@ArshMehdi3) February 1, 2019
— Abhyuday (@craziestlazy) February 1, 2019
— Durjyodhan Dalai (@DurjyodhanDala1) February 1, 2019
— SACHIN PAL📁 (@sachinpal38g) February 2, 2019
— اوشو OSHO (@soulofosho) February 1, 2019
Income tax rebate increased upto 5 lakhs genuine salaried tax payers right now 👇👇👇 pic.twitter.com/VLkVldYgOe
— Telugu Sarcasm😎😉😂 (@TeluguSarcasm) February 1, 2019