The author is Chairman, KENT RO Systems
The recent budget brings a relief on the middle-income mass and to our farmers. This is a welcome change!
Some of the announcements made by Honourable MoF Shri Piyush Goyal are definitely meeting the expectations of the common man, which will lead to higher consumption, enhanced liquidity in the market, increase in investment and savings.
For individual tax payers, we are expecting the government to increase the tax exemption slab from Rs 2.5 lakh to Rs 3 lakh. There may also be a reduction in the tax rates