I belong to middle class, understand their pressures, says Sitharaman days before Budget

New Delhi, ,15/1: Ahead of the Union Budget, Finance Minister Nirmala Sitharaman said on Sunday that she was aware of the pressures of the middle class but also recalled that the present government has not imposed any fresh taxes on them.

Sitharaman will present Union Budget for 2023-24 in the Lok Sabha on February 1 amid expectations that the government will raise the income tax limit and provide relief to the middle class taxpayers, besides others.

“I too belong to the middle class so I can understand the pressures of the middle class. I identify myself with the middle class so I know,” she said while speaking at a function organised by the Panchjanya magazine, an RSS- associated weekly.

In the same breath, the minister reminded the audience that the present Modi government has not imposed any fresh taxes on the middle class. Also, she added, income of up to Rs 5 lakh is exempt from the income tax.