In Budget 2025, the Modi government made a significant announcement for the middle class. Finance Minister Nirmala Sitharaman, while presenting the national budget on January 1, declared that an annual income of up to ₹12 lakh would be completely tax-free. This means that people earning up to ₹12 lakh annually will not have to pay any tax. Previously, this limit was only ₹7 lakh, and it has now been increased almost twofold. According to experts, this decision by the Modi government could have an impact on the Delhi Assembly elections as well.
According to a survey report, nearly 72% of people in Delhi consider themselves middle class. Therefore, this announcement by the Modi government could prove to be a significant gift for Delhiites. Delhi has a large number of salaried middle-class individuals, and thus this major announcement in the budget could benefit the BJP. Experts believe that the Modi government has made the largest announcement for the middle class for the first time. Middle-class people had often complained that no government made any significant announcements for them, but this time the government has opened its treasure for the middle class.