Budget Reactions

The Hitavada

 

The budget is like a dream come true for the middle class, agriculture, SME sector and youth of the country who form major part of the population. No Income Tax upto Rs 12 lakh income will give lot of ad disposable income in the hands of middle class, which will help them in increasing their savings or spend on the things they want. Many other such benefits are extended to the tax-payers. The impact of to simplification of Income Tax, TDS and TCS, will reduce the compliances. The Government has laid a special emphasis on increasing the agriculture growth and building rural prosperity. The enhanced credit availability to farmers through KCC and increase in rural income will spur the rural demand. It will also generate huge employment opportunities for the youth in the rural sector.