Finance Minister Announces Tax Relief and Bihar Focus in Exclusive PTI Interview

In a comprehensive interview with PTI, Finance Minister Nirmala Sitharaman unveiled significant tax reforms and economic initiatives, with a special emphasis on Bihar's development. The minister revealed plans to raise the tax-free income threshold to Rs 12 lakh, potentially benefiting one crore taxpayers. Sitharaman highlighted the government's commitment to fiscal prudence while maintaining strong capital expenditure. She addressed concerns about the new tax regime and outlined strategies for Bihar's economic growth. These measures aim to boost consumption, simplify taxation, and foster balanced regional development across India.

Source: Press Trust of India (PTI)