Budget 2021: Finance Minister bats in Pujara style, no aggression like Pant
New Delhi, 1 February 2021 Tuesday
Before the budget, Chief Economic Adviser Krishnamurti Subramanian said the budget would show Cheteshwar Pujara's patience and Rishabh Pant's aggression, but that did not happen. Pant remained on non-strike, with Finance Minister Nirmala Sitharaman relying on Pujara's style.
There was great hope on this big budget but now it doesn't seem to be coming true. Saving will be played and when the pitch is worn they will see Rishabh Pant batting, but the finance minister preferred to play by saving.
Not even trying to wipe the sweat of tax payers, hoping that the limit of income tax exemption on investing in Standard Deduction 80C National Pension Scheme would go up to at least Rs 50,000, noting that the number of income tax filers has increased despite the coro virus. . The salaried class hoped that in an aggressive mood like Rishabh Pant, Sitharaman would give a big relief in income tax so that the salaried income would increase and the market demand would increase, but Revenue Loss stopped them from doing so.
The Finance Minister expressed confidence in increasing capital expenditure by adopting the Pujara style, hoping that at a cost of Rs 35 lakh crore in 2021-22, disease will also be generated and demand will increase, cess has been imposed on petrol-diesel to boost revenue, and many more in customs duties. Changes have been made, purpose is clear, Sitharaman has adopted Cheteshwar Pujara's traditional style, he has given relief only to senior citizens above 75 years, now he will not have to file income tax.
The finance minister has focused on those involved in agriculture and animal husbandry rather than the salaried class, and has tried to boost the rural economy, increased funding in the budget for infrastructure and rural road network, excluding the health sector. The Modi government has not announced any new plans. So as not to incur additional costs.
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