FAKE Alert - Finance ministry didn't claim inflation hurts rich more than poor

Last updated: 17 May 2022

Quick Summary
A misleading tweet circulating online falsely attributes a statement to the Union Finance Minister, Nirmala Sitharaman. The fabricated claim suggests the Finance Ministry stated that inflation would impact the rich more severely than the poor in 2022. The Ministry of Finance has officially confirmed that no such statement was ever made.

A Tweet with the picture of Union Finance Minister Nirmala Sitharaman is being circulated claiming that the Finance Ministry has stated - "Inflation will affect the rich more than the poor in 2022"

FAKE ALERT

  • The Claim is Fake. 
  • Ministry of Finance has not given such statement

FAQ :

A tweet falsely claims the Finance Ministry stated that inflation will affect the rich more than the poor in 2022.

No, the Ministry of Finance has not made any such statement.

The viral tweet features a picture of the Union Finance Minister, Nirmala Sitharaman.

No, the claim is fake and has been denied by the Finance Ministry.



Guest

News posted by

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

Comments :

Recent News :

  1. Income Tax Department Undertakes Verification of Suspicious Foreign Remittances by 394 Entities
  2. PM CARES Fund Reports Rs 8452 Crore Balance as Spending Remains Minimal in FY 2024-25
  3. E-Payment of Direct Taxes Under Income Tax Act 2025: Rules, Modes and Process Explained
  4. Capital Gains Exemptions Under Income Tax Act 2025
  5. IGST Settlement 2026: New Rules Address ITC Reversals, Credit Alignment and Clarity
  6. Rectification, Assessment and Appeals Under Income Tax Act 2025
  7. CBDT Notifies Foreign Assets of Small Taxpayers-Disclosure Scheme Rules, 2026
  8. Key Allowances and Deductions Available to Taxpayers for Tax Year 2026-27
  9. CBDT Issues FAQs on Section 536 Transition Provisions Under Income Tax Act, 2025
  10. Tax Benefits for Senior Citizens in FY 2026-27: Deductions, TDS Relief and ITR Exemptions

More »


Popular News




Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Pro Member Sabareesan S VenkateshSabareesan S VenkateshPro Member yogesh koraniyogesh koraniPro Member mohammad.asrafmohammad.asrafPro Member office docsoffice docsPro Member ACCFIN SOLUTIONSACCFIN SOLUTIONS
Subscribe to Pro
Join an elite circle of professionals


Browse by Category