Saturday, July 13, 2024

Budget -concerns

 Budget -concerns Amidst anticipation of upcoming budget session, national attention now fixed on its contents. India Inc. hopes to retain production incentives while salary earners seek raised exemption limits and improved tax slabs . Common man  eagerly anticipates budgetary relief through increased exemption limits , revised tax slabs and measures to alleviate everyday financial burdens.Expectations include provisions for health care subsidies, travel benefits for senior citizens and incentives supporting livelihood stability reflecting hopes for tangible improvements in qualify of life . Supporters are poised their lists ready , crucial for the Government’s survival. The budget’s essence lies in who gains and by how much from this vulnerable Govt . The genuine tax payers always expect the Govt to announce changes in tax structure and help the common man who can not escape paying income tax and other taxes .He is eagerly looking forward for new tax deductions that would help him plan better future for himself and set the direction of India’s economic journey. Will you please post this in my blog ?