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New tax regime to benefit middle class; leave more money in their hands: FM

Talking to reporters after the customary post-Budget address to the central board of RBI, she said it is not necessary to induce individuals to invest through government schemes but give him an opportunity to make a personal decision regarding investments

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Union Finance Minister Nirmala Sitharaman. Pic/PTI

Union Finance Minister Nirmala Sitharaman. Pic/PTI

Finance Minister Nirmala Sitharaman on Saturday said the new tax regime will benefit the middle class as it will leave more money in their hands.

Talking to reporters after the customary post-Budget address to the central board of RBI, she said it is not necessary to induce individuals to invest through government schemes but give him an opportunity to make a personal decision regarding investments.

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