Congress paid lip service to poor among upper castes: Jaitley
"For the India's middle class, in the last five years, not a single tax has been increased. Indirect taxes have been merged into one in the GST... the single most important ‘consumer friendly measure' in India. "Taxes of most commodities have been brought down. Commodities have been made cheaper, even though the revenue sacrificed now after the rates revision would be close to Rs one lakh crore," he said.Jaitley added that the government had also benefited the employees by giving them a standard deduction of Rs 40,000 which cost the exchequer almost Rs 97,000 crore per annum.Inflation during the five year tenure has been kept between three-four per cent as against 10.4 per cent during UPA-II, he said.
--IANS vv-mgu/mag/sed