E-Paper
Tsunami of ‘middle class’ memes as tax slabs revised in Nirmala Sitharaman's Budget 2024
Finance Minister Nirmala Sitharaman presented the Union Budget 2024 in the Lok Sabha, and the memes have taken over the internet.
Finance Minister Nirmala Sitharaman presented the Union Budget 2024 in the Lok Sabha today. After the important speech as well as before she presented it, social media was filled with memes and jokes.
In sops for the middle class, the government hiked standard deduction by 50 per cent to ₹75,000 and tweaked tax slabs under the new income tax regime to provide more money in the hands of salaried class with a view to boost consumption.
Sitharaman said salaried employees in the new tax regime could save up to ₹17,500 in income tax annually following the changes announced in the Budget.
Nirmala Sitharaman reached the Lok Sabha to present the Union Budget 2024. As per tradition, she called on President Droupadi Murmu before presenting the full Budget for 2024-25. President Murmu offered 'dahi-chini' (curd-sugar), considered auspicious, to the finance minister before she left for Parliament to present the Union Budget.
Google Trends
Google Trends data shows that interest in the Budget started picking up around July 14. Right now, Nirmala Sitharaman is the top trend on Google, while Budget 2024 date was the top trend all through yesterday.
Take a look at the best memes on Budget 2024:
Everyone is an expert on the economy today
As expected, salaried class and middle class memes are all the rage
The focus on Bihar also became the subject of many memes
Expectations were high as Finance Minister Nirmala Sitharaman presented her seventh Budget in the Lok Sabha. With this Budget, she eclipsed the late Morarji Desai's record of six consecutive budgets.
This is also the Narendra Modi government's 13th Budget since coming to power in 2014. The Budget gave a glimpse of the Modi government's performance in the past 10 years while outlining the roadmap to make India a developed nation.
A day before presenting the Budget, Sitharaman had tabled the Economic Survey in parliament along with a statistical appendix. This will be the first full budget of the BJP-led National Democratic Alliance government in its third term.
(With inputs from agencies)
