Budget 2025: ‘Utsav ki karo taiyari,’ Nirmala Sitharaman’s Income Tax Announcement Sparks Frenzy Among Netizens, Check Best Memes Here

On February 1, 2025, Finance Minister Nirmala Sitharaman presented the highly anticipated Budget 2025. The big announcement that had netizens buzzing was the significant increase in the income tax exemption limit to ₹12 lakh. This move has sparked a frenzy on social media, especially on platforms like X. Netizens expressed their excitement and appreciation through humorous memes, making the budget a trending topic.

Budget 2025: Nirmala Sitharaman's Big Move for Taxpayers

In Budget 2025, Nirmala Sitharaman took a bold step to provide much-needed relief to common taxpayers by raising the tax exemption limit to ₹12 lakh. This increase is a major change that aims to ease the financial burden on the middle class and boost disposable income. The announcement quickly gained traction on social media, with many praising her for this decision. Experts and citizens alike have commended the Finance Minister’s move to provide significant tax relief, marking Budget 2025 as a turning point for taxpayers in India.

New Income Tax Slabs Announced in Budget 2025

The revised income tax slabs in Budget 2025 offer a clearer and more beneficial structure for taxpayers. The new slabs are:

₹0 - ₹4 lakh: 0%

₹4 lakh - ₹8 lakh: 5%

₹8 lakh - ₹12 lakh: 10%

₹12 lakh - ₹16 lakh: 15%

₹16 lakh - ₹20 lakh: 20%

₹20 lakh - ₹24 lakh: 25%

Above ₹24 lakh: 30%

With these new slabs, individuals across various income brackets stand to gain, especially with the ₹12 lakh income tax exemption limit. Additionally, the standard deduction remains unchanged. The total tax relief, including the ₹75,000 exemption, amounts to ₹12.75 lakh, which marks a historic change. The new tax relief measures are expected to ease the tax burden, especially for middle-class taxpayers who have long called for greater relief.

Memes and Frenzy on Social Media Following Budget 2025 Announcement

The announcement of the ₹12 lakh tax exemption limit has set the internet on fire, especially on social media platforms like X. Netizens, especially on X, took to posting memes and funny reactions, praising Nirmala Sitharaman and Prime Minister Modi for the tax relief in Budget 2025. 

Here are some of the funniest memes shared by social media users:

Utsav ki karo taiyari 😆#IncomeTax #BudgetSession2025 #NirmalaSitharaman pic.twitter.com/2Q1ebIdJZF

— PoliticsSolitics (@IamPolSol) February 1, 2025

Middle Class Reaction to No Income Tax upto 12 lakh 🔥🔥👏👏 #Budget2025 #BudgetSession2025 #NirmalaSitharaman #IncomeTax pic.twitter.com/pG7NTw8z6S

— Rosy (@rose_k01) February 1, 2025

🥹🥹#IncomeTax #NirmalaSitharaman#Budget2025 pic.twitter.com/6RmSqZzUqu

— Raja Babu (@GaurangBhardwa1) February 1, 2025

No income tax #BudgetSession2025 #IncomeTax pic.twitter.com/VnA7fDp316

— nilesh (@nilesh210119) February 1, 2025

Finally No income tax upto rs 12 lakhs.

Party guys#IncomeTax pic.twitter.com/8E8bthFNwE

— 👑Che_ಕೃಷ್ಣ🇮🇳💛❤️ (@ChekrishnaCk) February 1, 2025

Opposition leaders along with Rahul Gandhi when #NirmalaSitharaman announced NO INCOME TAX payable up to income of ₹12 lakh😃#Budget2025 #IncomeTaxBill #IncomeTax pic.twitter.com/XfC5Jgn7r4

— KohliForever (@KohliForever0) February 1, 2025

A Landmark Budget 2025 with Exciting Tax Relief

Budget 2025 has brought in a major shift in the way income tax will impact middle-class taxpayers. With the increased tax exemption limit of ₹12 lakh, along with new revised slabs, the government's efforts to provide relief are evident. The positive reaction on social media, coupled with humorous memes, showcases how excited taxpayers are about this change.