New Delhi:
What are you going to get from the budget … Will you bless you with mother Lakshmi? Since the budget 2025, the middle class and middle class have been setting up many expectations? From the discount in tax, the will of the middle class is in the desire for increasing exemption on housing loans. But will Lakshmi rain on the middle class and the poor in the budget? Expected, something similar is being done. Prime Minister Narendra Modi has also indicated a day before that mother Lakshmi’s grace can be on the poor and middle class this time. Let us know how the middle class and the poor can rain in this budget, let us know.
What did PM Modi indicate before the budget?
Before the budget session, Prime Minister Narendra Modi while addressing the media in Parliament House said, ‘I bow to Goddess Lakshmi before the budget. Mother Lakshmi gives us accomplishment and wisdom… also gives prosperity and welfare. I pray to Maa Lakshmi that every poor and middle class of the country should have special grace on the community. It is being estimated from PM Modi’s statement that this time Finance Minister Nirmala Sitharaman is in the mood to give middle class and concessions to the poor. It is believed that this time there can be a discount in tax.
What is the expectation of common people from the budget
For youth and working class, it is expected that 30 percent of tax will be reduced to at least 20 percent. Apart from this, the income tax slab which is at Rs 10 lakh should be increased to Rs 15 lakh. This will benefit from both sides and the money that goes into the market, the economy of the country will move forward. At the same time, for the middle class family and lower middle class families, this budget will be the biggest gift in this budget, 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.
Union Finance Minister Nirmala Sitharaman will present a budget of FY 2025-26 in the Lok Sabha on Saturday. Given the demand of the time, there is a higher focus on self -reliance in terms of sustainability and resources.
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