Interim Budget in line with our policies over last 5 years: Piyush Goyal

Rejecting the opposition's allegations that the Interim Budget was a please-all one ahead of the Lok Sabha polls, Finance Minister Piyush Goyal on Friday said all the announcements were consistent with the government's policies and endeavours over the last five years.

"If you see the track record of this government for the last five years, we have consistently passed on the benefits to our taxpayers. You saw the income tax limit on interest increasing from ₹1.5 lakh to ₹2 lakh, tax exemption slab increasing from ₹2 lakh to ₹2.5 lakh and then further rebate up to ₹3 lakh," Goyal told mediapersons here.

"This government has worked for the welfare of the poorest of the poor, of the middle class, of farmers, of unorganised sector... This government has worked consistently for the benefit of every section of the society.

"This has been a government which has continuously shared the benefits of increased tax collection with all of you. The rest is for the people to decide," he said responding to the criticism by opposition over the income tax exemption and farmers' subsidy.

Rejecting the opposition's allegations that the Interim Budget was a please-all one ahead of the Lok Sabha polls, Finance Minister Piyush Goyal on Friday said all the announcements were consistent with the government's policies and endeavours over the last five years.

"If you see the track record of this government for the last five years, we have consistently passed on the benefits to our taxpayers. You saw the income tax limit on interest increasing from ₹1.5 lakh to ₹2 lakh, tax exemption slab increasing from ₹2 lakh to ₹2.5 lakh and then further rebate up to ₹3 lakh," Goyal told mediapersons here.

"This government has worked for the welfare of the poorest of the poor, of the middle class, of farmers, of unorganised sector... This government has worked consistently for the benefit of every section of the society.