Thane : Union Finance Minister Nirmala Sitharaman presented the budget in Parliament on Tuesday. In which many important announcements were made regarding employment to the youth, houses for the poor and new trains. However, people expressed displeasure over no changes in the Income Tax Slabs, no facilities to the farmers and no important announcement was made for the common man and this budget was a disappointing budget for the middle class people. relaxed me.
Thane NCP President and former MP Anand Paranjpe said that the Finance Minister and PM Modi has disappointed them by not announcing any relief for the salaried and middle class. Paranjpe said that earlier the Modi government had talked about providing employment to two crore youths. This assurance has not been fulfilled so far and now even the announcement of the creation of 60 lakh jobs seems to be only a tinge and this government has disappointed all the people, be it farmers or middle class.
Thane MP Rajan Vichare said that for the last two years, the global corona pandemic has spoiled the economic mathematics of the people. In such a situation, it was expected that the budget would bring relief to the poor and common people. But the general public has been disappointed. No special provision has been made in the budget for the farmers also.
BJP leader Manohar Dumbre said that this budget is a Navbharat budget to build a prosperous, powerful and developed India. More than 35% amount has been increased in the budget for infrastructure development, this will create employment opportunities along with infrastructure development.
positive decision on subsidy
Whereas Heritage Motors MD Surendra Upadhyay said that this budget has not catered to taxpayers affected by rising inflation. There is also a disappointing budget for the auto sector. Because on one hand the government talks about promoting electric vehicles, on the other hand, no special provision has been made in the budget for this sector. Neither any exemption has been given in GST nor positive decision has been taken regarding subsidy.
Big things and nothing in reality
Janak Vyas, president of the Congress’s Konkan department’s merchant cell, said the growing inequality has not been addressed in the budget. There is no relief for small industries also from this budget. There is nothing in the budget for the common people suffering from unemployment and inflation. Big things and nothing in reality.
Nirman Sitharaman has disappointed women
Suman Aggarwal, Congress leader and President of Suprayas Foundation, said that there is nothing for the common people of the country in the Union Budget for the year 2022-23. The central government has betrayed the general public. It has been talking about providing employment opportunities for the last seven years but unemployment is increasing in the country. Women have also suffered financial loss during the Corona transition period. Such women should have been given tax exemption in this budget, but as a woman finance minister, Sitharaman has disappointed women.
Custom duty on scrap of steel
Thane’s Ghodbunder Jewelers Association President Pankaj Jain’s custom duty on gems and jewelery has been reduced, now the custom duty on it has been reduced to 5 percent. Custom duty on fake jewelery will be Rs 400 per kg. Custom duty on steel scrap is being increased for one more year. Which will benefit the Indian market. This will benefit Indian traders who make and sell jewelery and cosmetics.
disappointment has struck
Thane Shiv Sena district chief and mayor Naresh Mhaske said, “If you are waiting for the income tax slab, then let us tell you that Nirmala Sitharaman has not talked about income tax slab in the budget speech. This means no changes have been made to it. While the middle class was demanding a change in this and increasing the limit of standard deduction. But there has been disappointment.”
Will have a positive impact on residential real estate
MCHI President Jitendra Mehta said, “The Union Budget is a progressive budget for 2022-23. “The emphasis is on infrastructure creation and job creation. Government’s priorities such as PM Gati Shakti will bring about sustainable development, inclusive growth, productivity enhancement and support investments. A 35.4 per cent expansion of the capex target (from Rs 5.54 lakh crore to Rs 7.50 lakh crore) will help boost overall spending, leading to economic growth. The budget emphasized on urban planning, increased funding for PMAY and created 6 million new jobs over the next 5 years. These will have a positive impact on residential real estate.”
Thane CA Akhilesh Pandey says, “The overall budget is for a long-term vision focused on infrastructure and development. Some tax benefits are increasing bt 80c deduction from 150000 to 20000. ITR update is allowed for 2 years from the assessment year. Which is a great decision for the taxpayers.”