Union Budget Seems Like Budget For Few States: BRS MLC Kavitha
Kavitha said, Centre announces development projects in either poll-bound states or BJP-governed states.
Reacting to the union budget 2023 BRS MLC K Kavitha Kalvakuntla on Wednesday said that the income tax rebate on income up to Rs 7 lakhs in the new tax regime is of no use to the people of Telangana.
"This budget mathematical confirmation of failure of Modi govt. This seems like a budget for few states. We hoped tax rebate of up to Rs 10 Lakhs. In Telangana, we pay good salaries to people so this rebate is of no use to us" said BRS BRS leader Kavitha as quoted by news agency ANI.
Kavitha further said, "Centre announces development projects in either poll-bound states or BJP-governed states. They announced Rs 10,000 crore for infrastructure, which infrastructure? They are not clear. They owe us Rs 1000 cr and I request Finance Min to pay our dues".
Centre announces development projects in either poll-bound states or BJP-governed states. They announced Rs 10,000 crore for infrastructure, which infrastructure? They are not clear. They owe us Rs 1000 cr & I request Finance Min to pay our dues: Kavitha Kalvakuntla, BRS leader pic.twitter.com/mnNCDi8Fn5
— ANI (@ANI) February 1, 2023
Buggana Rajendranath, the Finance Minister of Andhra Pradesh, welcomed the Union Budget 2023. Speaking at a media conference he said that some of the allocations made in the budget were satisfactory.
However, he said that the allocations for agriculture, fertilizer, urea, rice, and wheat subsidies have decreased, while the allocations for roads and railways have increased. Stating that the budget was prepared giving priority to seven sectors, he said that issues related to the states were not mentioned.
Finance Minister Nirmala Sitharaman on Wednesday presented the Union Budget for the fiscal year 2023-24. Income tax rebate extended on income up to Rs 7 lakhs in the new tax regime, Finance Minister Nirmala Sitharaman said.
Nirmala Sitharaman also announced revised tax slabs.
The new tax rates are:
Rs 0-3 lakh-Nil
Rs 3-6 lakh-5 per cent
Rs 6-9 lakh-10 per cent
Rs 9-12 lakh-15 per cent
Rs 12-15 lakh-20 per cent
Rs 15 lakh-30 per cent.
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