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Thursday, July 4, 2019

The finance minister can give a big gift to the farmers and the middle class in the budget

budget 2019 special

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Modi's second term is the first budget today.  The government can make big announcements for the farmers and the middle class in the budget.  As part of the dream of Prime Minister Narendra Modi to double the income of farmers by 2022, the budget can be increased to Rs 8,000 by raising the support of Rs 6,000 in the Kisan Samman Nidhi Yojana.  The tax ceiling for the common man can be increased from Rs 2.5 lakh to Rs 5 lakh and up to Rs 5 lakh. Increase in income tax limit: In the budget, the income tax exemption limit may be increased.  Income up to Rs 2.5 lakh currently does not seem to be taxed at all.  In this budget, it can be worth 5 lakh rupees. Increase in Kisan Honor Nidhi: In the budget, the subsidy of Rs 6000 for farmers under the Prime Minister Kisan Samman Nidhi Yojana can be increased to Rs 8,000.

10 thousand crore funds: The government can provide funding of Rs 10,000 crore for the completion of pending projects.  The benefit of which can be more than 5 lakh people.

Read also: Do ​​you know some of these special talks about our annual budget?

Package for farmers: Budget can be specially made for farmers.  For farmers, reduction of interest rates on loans and purchase of fertilizers, direct account transfers etc. may be announced.

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Retirement limit: Retirement age for government employees can be extended to 70 years.

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