New Delhi, Feb. 10 -- Senior Congress leader and former Finance Minister P Chidambaram on Monday slammed Union Budget 2025-26 and said that Finance Minister Nirmala Sitharaman while presenting the Budget focussed only on income tax and Delhi elections while offering little to boost consumption in the economy.
Participating in general discussion on the Budget in Rajya Sabha, Chidambaram welcomed the government's move to provide income tax relief to the middle class but also pointed out that the tax concessions have also been given to those having annual income in crores.
"Income tax cut is the Finance Minister's main thrust in the Budget. The House should know that only 3.2 crore persons pay income tax. My rough calculation is about 80-85 ...