The rich class flourished; The poor got poorer: Budget 2022-23
- Dr. Jayanarayana Vyas - Budget on Tuesday: MSME sector seeks relief in budget: Small businesses contribute heavily to country's economy - 5% reduction in income of poor family: while income of rich family increased by 3% It is said that the government's budget is not Mehtaji's balance sheet. The budget presents the details of what the government wants to spend for development in the future and where and how it wants to raise the money needed to spend it. For this reason, the budget of the state or central government is a policy document which indicates the work to be done in the future. There was a time when people used budgets to calculate income tax, sales tax, central excise, customs duty as well as income tax and decide what would be more expensive and what would be cheaper. Today, the central government makes announcements that affect the expenditure and revenue of the central government in one way or another, almost throughout the year. So the importance of the ...