Government Announces Full Tax Rebate On Income Of Up To Rs.5 Lakh, Here's How People Are *SIGH*

Acting Finance Minister Piyush Goyal has announced the first budget today and in his speech, he announced that, the taxpayers with annual income up to Rs.5 lakhs will get a full tax rebate, that means they do not have to pay any tax on the income.

Individual taxpayers having annual income upto Rs 5 lakh will get full tax rebate Individual with gross income up to Rs 6.5 lakh will not need to pay any tax if they make investments in provident funds and prescribed equities#Budget2019#BudgetForNewIndia pic.twitter.com/TBCZnm53So

— Anurag jaiswal (@ajaswal20) February 1, 2019

As his speech went viral, Twitterati as always couldn't control the excitement and bombarded Twitter with funny tweets:

👉Middle Class #incometax tax rebate for individuals earning upto Rs 5 Lakh.

👉Gross income up to 6.5 lakh will not need to pay tax.

👉Tax deduction for salaried persons raised from
Rs. 40,000 to Rs. 50,000#Budget2019 #BudgetForNewIndia

🇮🇳🤗RT Joshpic.twitter.com/3BCep1iNAm

— Sir Ravindra Jadeja                             . (@SirJadeja___) February 1, 2019

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Indirect benefits were always there, now direct benefits to middle class. #IncomeTax

— Rahul Roushan (@rahulroushan) February 1, 2019

* After #Budget2019 *
Public to Mahagathbandhan pic.twitter.com/uNaOGLRpuz

— श्रीलंड अखिलेश प्रताप सिंह (@xerdgWGD4u0GWaU) February 1, 2019

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* After #Budget2019 *
Public to Mahagathbandhan pic.twitter.com/uNaOGLRpuz

— श्रीलंड अखिलेश प्रताप सिंह (@xerdgWGD4u0GWaU) February 1, 2019

No tax for income upto 5lakh #incometax #auditorsconditionnow pic.twitter.com/mdUd5WWXYT

— gpkarthick (@gpvj10) February 1, 2019

#BudgetForNewIndia #incometax #Budget2019 #PiyushGoyal #NaMoAgain #ModiFor2019 #TransformingIndia #NaMoAgain #NaMoAgain2019 pic.twitter.com/Pls8Lwmazw

— mohit sharma (@Mohit475Sharma) February 1, 2019

Basically,

If my income is 4.9L, I pay no tax

But if My income is 6L, I pay tax on 6L-2.5L ie 3.5L

So, ideally I suppose to pay tax on 1L but I would end up paying tax on 3.5L#WaahModijiWaah#Budget2019 https://t.co/5hv6UmQ8pI

— Sumit Kashyap (@sumitkashyapjha) February 1, 2019

If budget was World cup 2011#Budget2019 pic.twitter.com/P2LtUHLq9Y

— Abhishek Kumar (@beingAbhishek84) February 1, 2019

"No tax on income upto Rs 5 lakh per annum"#Budget2019 pic.twitter.com/rG7ybK8Ncr

— Monish Hardasani (@Being__bing) February 1, 2019

This is what Piyush Goyal did to the opposition with #Budget2019 . pic.twitter.com/CzEFFJF3MR

— Krishna (@Atheist_Krishna) February 1, 2019

it took loss in 3 states to implement #incometax

should have happenned in 2010 in UPA and 2015 in NDA

now its too little too late

— #DestroyTheAadhaar ‏‎‎غریب عوینجر (@GreySasquatch) February 1, 2019

Middle class salaried people watching #Budget2019 from start to finish. pic.twitter.com/rTPxqXf4JN

— Krishna (@Atheist_Krishna) February 1, 2019

Middleclass people after the #Budget2019 be like pic.twitter.com/2fKgETD90m

— TRollMania (@PrinceShetty3) February 1, 2019

When you see people being happy about the income tax slab rising but you don’t have any income. #Budget2019 pic.twitter.com/H2EsfRh3My

— Pakchikpak Raja Babu (@HaramiParindey) February 1, 2019

Which was better, Budget 2019 or Twitter reaction? Comment down below and tell your share of laugh.