Finance Minister Nirmala Sitharaman’s Union Budget 2022-2023 speech was among the shortest in recent times, at 90 minutes. Sitharaman’s fourth budget was focused on an infrastructure push. She kept an outlay of Rs 20,000 crore for Gati Shakti, a master plan for faster movement of people and goods. As Sitharaman unveiled her fiscal proposals, social media reacted in the way it knows best -- through a plethora of memes.
Sitharaman didn’t tinker with the tax slabs, though the middle class was expecting some tax reliefs. Netizens were quick to express their disappointment through some hilarious memes.
One Twitter user posted about waiting for news on income tax during the Budget with a Mr Bean meme.
Situation of middle class 👇😀who eagerly waiting for the good news regarding #incometax in #Budget2022 #BudgetBytes #Budget #BudgetDay pic.twitter.com/sLNXPgqaNh
— Chitra_fanclub (@chitra_fanclub) February 1, 2022
This user was certainly pleased with the details in this year’s budget.
After reading budget details ,Middle class people’s reaction#Budget2022 pic.twitter.com/XN6JJCrfpD
— Atyachaari_Nari (@Massakali_) February 1, 2022
The disappointment of the middle class was the common theme in most of these reactions.
Middle Class watching the Budget only for Income Tax Slab announcement. pic.twitter.com/kWNZvSwWAH
— Trendulkar (@Trendulkar) February 1, 2022
Salaried & Middle Class waiting for #BudgetSession Updates:#BudgetSession pic.twitter.com/6W3GiBhZfK
— CA Shraddha Dedhia (@shraddha_dedhia) February 1, 2022
Government to tax paying middle class during every budget #Budget2022 pic.twitter.com/bcui8qTRTA
— Finance Memes (@Qid_Memez) January 30, 2022
Many focused on the government’s decision to introduce a 30 percent tax on income of crypto investments and a 1 percent TDS for crypto transactions also invited similar memes.
30% Tax on Crypto1% TDS Exact scene after budget 🤣#Cryptoindia #cryptocurrency pic.twitter.com/caXNFcPaKS
— S Gaurav (@its_suvm) February 1, 2022
Crypto Investors RN #Budget#cryptocurrency pic.twitter.com/IlKvthp9dw
— गुदर्शन न्यूज़ (हिंदी) (@Gu_Darshan_News) February 1, 2022
Suddenly I feel a bit better 😂 #Budget2022 #cryptocurrency #BudgetBytes pic.twitter.com/rwXdOSQrkv
— Ajay Kandwal (@its_vela) February 1, 2022
Another point in the budget that tickled the funny bone of Twitter users was the increase in duties for umbrellas. Umbrellas will now attract a duty of 20 percent.
Thank God, I brought my umbrella before this years budget was announced !!! 😎😎 #Budget2022 #BudgetSession2022 #Budget #BudgetET2022 #NirmalaSitharaman #umbrella pic.twitter.com/TOmJaxZvjC
— Hydrocker (@Hyd_Rocker) February 1, 2022
Umbrella se kya dushmani hai 😅 https://t.co/6HcS1pnLC9
— Prateek (@Prateeeekkkkk) February 1, 2022
Looks like it’s not a flashy budget overall , the middle class can’t even shade themselves under an umbrella as the it will get costlier as well !
— TheTalentguy (@shankar_raman) February 1, 2022
The irony of gemstones and diamonds becoming cheaper at the same time was not lost either. The import duty on diamonds was reduced by 5 percent.
Big relief to common man.
Gem stones and diamonds will be cheaper (Budget 2022).— Brigadier A K Jairath, Retd (@KWecare) February 1, 2022
Some users were poking fun at the many words they found hard to understand in the budget presentation.
*Budget 2022 exists#BudgetBytes #Budget2022Commerce ScienceStudents students. pic.twitter.com/I5UEDefMF7
— Tanmay (@CricCrazyTanmay) February 1, 2022
#Budget speech gets over at 1:00 PMChartered Accountants at 1:01 PM:#BudgetBytes #BudgetSession2022 pic.twitter.com/RgKxJiYsV1
— CA Akhil Pachori (@akhilpachori) February 1, 2022
