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Budget 2018: Mid-Class Citizen of Country want Tax Relief- Survey

How will 2018 budget?

This time, under the Union Budget, people want that the government allocate funds for skill development for the purpose of employment. Finance Minister Arun Jaitley can present the Union Budget 2018-2019 on February 1. The government candidate is expecting issues related to the tax exemption limit and skill development from the Modi government, according to local cycles, in the three-week period, 1.25 lakh votes were received from more than 200 cities in the country.

Budget 2018


Tax Relief for Mid-Class

According to a survey conducted by local cyclists, 31 percent of the people want the tax exemption limit to be increased from existing 2.5 lakh to 3 lakh. Another 37 percent of the people should be charged tax slabs to reduce the tax burden.

According to some reports, the government may consider increasing the exemption limit for the upcoming tax from Rs 2.5 lakh to Rs 3 lakh in the upcoming budget. The proposals for tax slabs are also under consideration by the Finance Ministry.

Skilling for employment

Other major successes in the field of development are in development and employment, on which issue the opposition has repeatedly targeted the Modi government.

One year after assuming the office of Prime Minister, Narendra Modi launched his government's 'Skill India' in July 2015. Under Skill India, the government had targeted to provide skill training to 40.02 crore people by 2022.

According to the survey, nearly 56 percent of people want to allocate sufficient funds for skill development for the purpose of employment 2018. For the growing economy, skill development is an important driver of employment.

Agricultural requirement fulfillment

Last year, farmers protested across the country, especially in Tamil Nadu and Madhya Pradesh. Over the last few decades, the income of agriculture has increased and the agricultural crisis is real.

The results of the survey show that 38 percent of the people said that this year agriculture and rural areas should allocate the highest allocation for the budget allocation. The same 34 per cent believe that in the budget 2018, the infrastructure should get maximum fund allocation.-
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