The budget will feed the aspirations of the new India: Anurag Singh Thakur
NEW DELHI: The Minister of State for Finance, Anurag Thakur, said Saturday that the Budget will feed the aspirations of the new India and give a significant boost to the middle class, farmers, youth, women and is a bonanza for Investors
The Budget focuses on three ideas: aspirational India, economic development, a solidarity society, is being acclaimed by all strata of society for its comprehensive coverage.
Calling it the Budget of the new decade, Thakur said: This is a Budget for the new India and with the progressive vision of making it aspirational, oriented towards the development and care of each and every one in society, this is one of the best Pro people budgets submitted so far. All strata of society have been taken into account and important reforms have been carried out for the benefit of young people, women, farmers, investors and the middle class.
Thakur said the Budget will help lay the groundwork for India to become an economic power. Its objective is to increase people's income and purchasing power, therefore, the middle class has been given the highest priority. The new tax regime proposes to provide significant relief to individual taxpayers where income tax rates have been significantly reduced.