New Delhi:
Union Finance Minister Nirmala Sitharaman will present the general budget on Saturday. Due to the budget, businessmen with common people are very excited. However, some traders have also expressed concern. Traders are concerned with e-commerce. However, Paresh Parikh, Vadodara’s trade development organization and CAIT Gujarat chief, have hoped that GST simplification and ‘One Nation One Tax’ will speed up trade.
CAIT President Paresh Parekh said, “Our work continued for traders throughout the year. Nirmala Sitharaman Union is going to present the budget on Saturday. One of our main demands is that GST should be fully simplified. There should be such provisions, so that from small traders to MSME sector, all can be easily taxed, and no one has any problem. CAIT has requested ministers to create a new policy for e-commerce, so that small traders do not have any problem. You will be able to do better and better business.
Expected to reduce tax slab
Business manager Akash Sharma said, “As you are thinking, the tax slab of the common man should be reduced in the union budget. Secondly, the long term capital gained by people, the direct flat tax imposed on it has been removed The system that was earlier was good and should not have a 30 percent tax on the short term capital gains, expected to reduce tax from 30 percent to at least 20 percent. Apart from this, the income tax slab which is at Rs 10 lakh, will increase the country’s economy from both sides.
Demand for relief in taxes of traders
A person named Jeetu said, “We just hope to benefit the traders. The way the government has imposed tax from all sides, there should be some shortage or relief. The way the government promoted online trade Hai, shops here are being closed every two-three months and the traders are gradually being ruined.
Amar Parvani, president of Chhattisgarh Chamber of Commerce, said, “The biggest gift will be for middle class families and lower middle class families if our Union Finance Minister pays zero tax on income up to Rs 10 lakh. It will be a big help. With this, if the exemption on housing loan is increased from 2 lakh to 4 lakhs and deduction on home loan is increased from 1.5 lakh to 3 lakh, then the Prime Minister’s vision to give home to every Indian will get a big boost. This will also intensify the construction work, which will benefit about 200 trades. Rail and road connectivity is very important for the economic development of the state like Chhattisgarh and there is a great possibility of mining, agriculture, and food products here. It is low in the railway connectivity in Surguja and Bastar, which needs to be added to direct connectivity, such as Surat or other business areas. “
‘Budget should be beneficial for everyone’
He further said, “Road network should also be better and the contribution of Union Minister Nitin Gadkari in this is commendable. The state will benefit greatly by the arrival of double engine government in Chhattisgarh. We all have an eye on this budget, which we have a vision Want to see a document as a target of creating a developed India by 2047. India’s dream can become a reality. “
Lakhbir Singh, who hails from Shri Muktsar Sahib in Punjab, said, “The BJP government has presented many budgets since 2014, which have been very good. This time also we hope that a very good budget will be presented. The government has done a lot in the education sector, and this time it is also expected that something will be done. Even if you have taken many good steps, then we hope that there will be something similar in this budget which is beneficial for everyone. ”
Anurag Sharma said, “All the budgets presented since 2014 have been very good. This time also we hope that Narendra Modi’s government will present a very good budget. A special for women There should be a provision in the budget, so that they can get financial relief and assistance. Given, the central government should take special provisions for this problem seriously and make special provisions for this in the budget. “
What do Ratna and Jewelry Business say?
Pramod Dugar, president of Indian gems and jewelery construction in Kolkata and secretary of Calcutta Ratna and Jewelry Welfare Association, said, “In the upcoming budget on Saturday, we hope that the government will cooperate with business keeping in mind the current gold prices. The government will cooperate. One should reduce the duty and reduce GST. Our business reached a new level and also benefited a lot in exports. We want to improve our income.
What do women want from the budget?
A woman from Mandi in Himachal Pradesh says, “We have high expectations from the government to promote our employment and also pay attention to our self -help groups. We have not received anything special yet, however, Sometimes small loans are found, but we have also taken many problems in giving loans, but we are also having a lot of problems in sitting here. Have earned and now we should withdraw from here, but from where we will get money to repay the loan of 10 lakh rupees we have taken? ”
Shiv Sena leader Arun Sawant said, “The middle class is expecting some changes in the tax slab from this budget. Similarly, farmers are also waiting for new announcements from the central government. In view of India’s climate change, in the budget, in the budget It should also be taken care of. Keeping in mind the progress of this, you will do something to give relief to the common man. ”
Dr. Manoranjan Sharma, Senior Economist of Info Informatic Ratings, said, “The Government of India has placed the Economic Survey on the floor of the House. It shows very good figures. It shows that this year the growth rate will be from 6.3 to 6.8 percent this year. And especially in such an environment, there are many concerns at the global level.
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