Representative photo. Photograph:( Others )
Union Finance Minister Arun Jaitley tabled the Budget for 2018 on Thursday.
No change has been proposed in personal Income tax slab rates.
Also, Jaitley decided to keep the tax rates of most of the products unchanged. However, the government has decided to rationalise customs duty for several products, a move that will impact the final price of many products.
This year's budget is likely to make electronic items like laptops, mobile phones and television sets expensive.
Even though the middle class is not shelling money out of their wallets in terms of tax but they will now be entitled to pay higher prices for common items.
The common man took to Twitter to voice their angst over how Jaitley "looted" the middle class.
Here are some of them:
Friend : Did you see the budget?Middle class is screwed bro— SAGAR (@sagarcasm) February 1, 2018
Me : Why? What happened?
Friend : Tu budget dekh yaar. Middle Class is screwed bro.#Budget2018
Middle Class: Jaitley looted us.— Beanology (@followTheGupta) February 1, 2018
*Petrol price wil come down by 2Rs/L.
*Personal Tax slabs unchanged.
*National Health Protection Scheme launched.
*GDP growth 7-7.5%
*senior citizens get 50K medical exemption
Middle Class : Don't know, Jaitley looted us.#Budget2018
There’s something for everyone in today’s budget.— Jas Oberoi (@iJasOberoi) February 1, 2018
Politicians - salary hike
Corporate - tax cut
Farmers - false promises
Middle class - disappointment #AntiMiddleClassBudget
#AntiMiddleClassBudget Middle class getting burdened by— AAP Ka Vikram (@vikrameffects) February 1, 2018
2. High GST taxes
3. High petrol prices
4. High LPG and food prices
5. 10% Capital Gain Tax.
Are these #AccheDin or Kacche Din?
While some also questioned Modi as a leader with a sight to make changes in the 2019 elections.
#Budget2018 No respite for hard working middle class from tax burden!! Why should an educated working class man vote for BJP next time? Why should he not influence 100 other uneducated voters to not vote for BJP in next election. We kept our patience for nothing. @narendramodi— Gaurav Chaturvedi (@gauravchatur) February 1, 2018