TKS Elangovan 
Tamil Nadu

Union Budget eyes Bihar, tax exemptions does not encourage savings: DMK

DMK spokesperson TKS Elangovan said the Budget appeared to be aimed at certain states. The last budget made generous allocations to Bihar and Andhra Pradesh and states including Tamil Nadu were ignored, he alleged.

PTI

CHENNAI: Tamil Nadu's ruling DMK on Saturday dubbed the Union Budget as aimed at getting political mileage in states like poll-bound Bihar and said the income tax exemption does not encourage savings.

DMK spokesperson TKS Elangovan said the Budget appeared to be aimed at certain states. The last budget made generous allocations to Bihar and Andhra Pradesh and states including Tamil Nadu were ignored, he alleged.

"This time round, since the election is due in Bihar this year, they are targeting Bihar and announcing schemes for that state in the Budget itself. I have doubts if the BJP is doing this to come to power in Bihar (on its own); defeat Nithish Kumar," Elangovan told PTI.

The personal income tax exemptions, though appear to be concessions, do not encourage savings and the Centre is aiming to "usurp" taxes from the ordinary people through other ways; like by increasing GST for commonly used commodities.

Changes announced to Guruvayur-Chennai Egmore, Chennai-Thiruvananthapuram AC Express trains

Light to moderate rain likely in parts of Tamil Nadu till January 3

Modi to launch Kolkata-Guwahati Vande Bharat Sleeper Train soon

Dozens presumed dead, about 100 injured in fire at Swiss Alps bar during New Year's celebration

India to receive its 1st Bullet Train on August 15 next year: Ashwini Vaishnaw