New Delhi: Soon after Finance Minister Nirmala Sitharaman presented her fourth Union Budget, the social media started buzzing with various hashtags pertaining to common man. The Finance Minister’s Budget maintained ‘silence’ on income tax slabs and had nothing populist and that led to netizens creating a storm on the internet. Various trends like #IncomeTax, #Salaried & #Middle Class started floating on social media with many sharing hilarious & quirky memes.
One may wonder why ‘salaried’ meme took the top spot on the micro-blogging site. The main reason was the salaried class or the middle-class citizens were expecting some income tax relief this year, owing to the economic damage caused by the Covid-19 pandemic. Individual taxpayers contribute to almost 35-40% of direct tax revenues. However, the Finance Minister chose not to give any relief in income tax bracket in Union Budget 2022-2023.
Thus, to capture the reaction of the salaried class or middle class, several memes flooded Twitter. Take look at the best ones:
Government to salaried employees & middle class tax payers during every budget ! #BudgetBytes pic.twitter.com/MxpAQ3xXtJ
— Supriya (@Seno_sks) February 1, 2022
Salaried and middle class get no tax concessions!
It’s disappointment for them again !
Let us all wait for the “Achhe Din “ bcoz @narendramodi ji is still to continue till 2024 #Budget2022 pic.twitter.com/ihL4ZESbuc
— D V Lakshmi (@dv_lakshmi2708) February 1, 2022
Salaried class looking at Finance Minister for increase in 80C limits ?#Budget2022 #EconomicSurvey2022 pic.twitter.com/hABJQn27fw
— Finance Memes (@Qid_Memez) January 31, 2022
Salaried Class to Nirmalaji, waiting for income tax slabs. #Budget2022 pic.twitter.com/9498x6GKN4
— Sagar (@sagarcasm) February 1, 2022
Amit Shah digging out benefits for salaried middle class in #nirmalasitharaman‘s #Budget2022 pic.twitter.com/Sr80NeYgmj
— Chetan Krishna? ?? (@ckchetanck) February 1, 2022
Just another disappointing budget for desperate salaried middle class, who are the main pillars of Indian economy.
The motive seems like – If you want to pay less tax, earn less income !!
Lost hope dear Govt. pic.twitter.com/5HD71HN8Nk
— Shashi (@Shashi31011373) February 1, 2022
Summary of 2022 Budget.
FM to salaried class. pic.twitter.com/swC9hMNGsi
— Intrinsic Value_Nikhil Gangil (@Intrinsic_cycle) February 1, 2022
Message for ever crying salaried and middle class.#BudgetSession2022 #salaried #UnionBudget2022 pic.twitter.com/lOWzxc2PdV
— Harsh Shah ?? (@MrMrHarsh) February 1, 2022
Budget Summary: Taxpayers and Salaried class is the de-facto taken for granted “Cash Cow” of India. pic.twitter.com/EEiZAVSb3d
— Pawan_ 2.0 (@PawanSaysToo) February 1, 2022
Salaried employee and crypto investor rn :#BudgetSession2022 pic.twitter.com/gC82rL0hj7
— CA Tushar (@Sarcasm_and_YOU) February 1, 2022
FM to Salaried class expecting some relief in #Budget2022 pic.twitter.com/gn4UZ4fFQk
— Nimo Tai 2.0 (@Cryptic_Miind) February 1, 2022
Salaried & Middle Class waiting for #BudgetSession Updates:#BudgetSession pic.twitter.com/6W3GiBhZfK
— CA Shraddha Dedhia (@shraddha_dedhia) February 1, 2022
Indian middle class & salaried people waiting for #IncomeTax relief in finance budget from Nirmala Sitharaman every year, just to see Government of India charge cryptocurrency with 30% tax in #Budget2022 pic.twitter.com/hCG6NY1Bus
— Vishal Verma (@VishalVerma_9) February 1, 2022
Me trying to understand what benefits budget has provided to salaried class.??? Ah- NOTHING!!?? pic.twitter.com/PH7DYyAiBd
— CA Disha Sehgal (@Dishasehgal4) February 1, 2022
After hearing no relief in #incometax
Salaried class : pic.twitter.com/8KbbU2TjKo— Nocturnal Soul (@Mirage_gurrl) February 1, 2022
After hearing no relief in #incometax
Salaried class : pic.twitter.com/8KbbU2TjKo— Nocturnal Soul (@Mirage_gurrl) February 1, 2022
Salaried/Middle class looking for some benefits for them in this Budget.????#middleclass #salaried #budget #ModiGovt #NirmalaSitharaman #Budget2022 pic.twitter.com/C2x7x8K83E
— Amit Pandey (@amitpandey0) February 1, 2022
Salaried class during every budget.#BudgetSession2022 #Budget22 pic.twitter.com/ei3289GQa0
— Jigar Vyas (@jigar__vyas) February 1, 2022
Nirmala Sitaraman to Middle Class and Salaried individuals :-#BudgetSession2022 #Budget2022 #BudgetSession pic.twitter.com/Ws2aeFn560
— Ridhi (@ridhimishra98) February 1, 2022
Salaried individuals waiting for tax bracket updates-#BudgetSession2022 #NirmalaSitharaman pic.twitter.com/4bGe2eZIqb
— Neha Nagar (@nehanagarr) February 1, 2022
Government to salaried employees & middle class tax payers during every budget ! #BudgetBytes pic.twitter.com/xu9N1mfQ0o
— Er Wasim Mohammad (@WasimMohd1996) February 1, 2022
After hearing the #Budget2022
middle class people be Like:- pic.twitter.com/2jUtQB65s8— Diaa (@JoshiDiya_) February 1, 2022
Middle Class to FM:#BudgetSession2022 #BudgetSession #Budget #incometax pic.twitter.com/5GnnyMCIgQ
— CA Akhil Pachori (@akhilpachori) February 1, 2022
Middle class people after watching Budget : pic.twitter.com/ODfAVOI1fK
— Niti (@_niti_18) February 1, 2022
Notably, Sitharaman announced that taxpayers can now update their Income Tax returns within two years. Also, both Centre and State government employees’ tax deduction limit will be increased from 10% to 14%. This will be practiced to aid the social security benefits of state government employees and consider them equal to the Central government employees. She also announced that a digital rupee will be introduced by the Reserve Bank of India in 2022-2023.
Meanwhile, Sitharaman presented her fourth budget that aims to maintain the world’s fastest-growing economy tag for India.