Move To Attract Delhi, Bihar Voters’ Attention”: P Chidambaram On Tax Cuts

New Delhi:

Former Union finance minister, Congress’s P Chidambaram, today ripped into the Union Budget 2025, criticising it on multiple heads including the biggest talking point — the income tax rebate to the middle class. He also trashed the possibility of the budget boosting private investment, saying given the current scenario of excessive regulations and “weaponisation” of central agencies, investors are finding other nations more attractive. 

Asked about the tax proposed rebates that will kick in soon, Mr Chidambaram called it a “clever  move intended to attract the attention of the voters of Delhi and Bihar”.

Underscoring he had “no complaints” about the relief to tax payers, he said this much lauded initiative will only benefit 3.2 crore people in that tax bracket. “What happens to the rest 140 crore people? What about the rest,” he questioned.