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“BJP kept farmers of country trapped in debt trap”: Rahul Gandhi

New Delhi [India], July 31 (ANI): Congress leader Rahul Gandhi on Wednesday criticized the BJP, alleging that it has trapped the country’s farmers in a cycle of debt. He said that the INDIA bloc aims to free farmers from this by offering them a legal guarantee of Minimum Support Price (MSP). His remarks come after the government of Telangana released the second tranche of the farm loan waiver. Sharing a post on his official X handle, Rahul Gandhi said, “Congratulations once again to the farmer brothers and sisters of Telangana. As per its manifesto promise, the Telangana Government has released

Modi faces middle class ire over budget as state polls loom

NEW DELHI, July 31 (Reuters) – Indian Prime Minister Narendra Modi, smarting from setbacks in the April-June general election, is now being berated for last week’s budget by the country’s swing voters, the middle class, putting his party on the defensive ahead of polls in three states and a federal territory. The budget raised taxes on gains from retail investments in financial markets, left income tax rates untouched despite talk there would be relief and removed some real estate tax benefits, leading to outrage among the middle class, which makes up about 30% of India’s 1.42 billion people. Graphics artist

MSP can be implemented, will rally INDIA bloc to pressurise govt: says Rahul Gandhi after meeting farmer leaders

New Delhi [India], July 24 (ANI): Leader of Opposition Rahul Gandhi on Wednesday met with a 12-member delegation of farmer leaders from different states, who apprised him of various issues they have been facing. After the meeting held at his office in Parliament House Complex, Gandhi emphasized the Congress party’s commitment to providing a legal guarantee for the Minimum Support Price (MSP) in their manifesto. He stated that an assessment has shown that the legal guarantee of MSP can be implemented. Gandhi further said that the Congress will rally support from other leaders within the INDIA alliance to press the

Govt proposes Increase in Tax Deduction on Family Pension for Pensioners

India's Finance Minister Nirmala Sitharaman holds up a folder with the Government of India's logo as she leaves her office to present the union budget in the parliament in New Delhi, India, July 23, 2024. REUTERS/Altaf Hussain

A major step in this regard to help pensioners financially the Indian government has moved a proposal of raising the tax deduction of family pension from ₹15,000 to ₹25,000. Budget speech of the Finance Minister Nirmala Sitharaman for the Union Budget 2024-25 had this announcement. An Insight into Family Pension and Why it Matters Since family pensions created a life-time revenue for the families of the deceased government employees and pensioners, they are very important. These pensions are critical source of income for those who have none, namely widows and dependent of non-working civil servants. The current corridor for deductions

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