Middle class got relief in past Budgets: Jaitley

Source: The Hitavada      Date: 03 Feb 2018 08:56:16



FINANCE Minister Arun Jaitley on Friday defended not giving away major relief to middle class by saying the Government has already done enough in the past Budget and will further provide succour in the future depending on fiscal space.

Citing various major announcements done in the past, he said, when the Government came in the exemption limit was raised from Rs 2 lakh, additional exemption of Rs 50,000 on saving so Rs 1 lakh became Rs 1.5 lakh and another exemption Rs 50,000 for housing loan repayments raising it to Rs 2 lakh per year.