This is a very good budget which has been planned on the basis of last 5 years achievements.
They have taken all measures which will create employment. They have given stress on agricultural developments, infrastructure, social security, skill development, training, education and women empowerment.
The finance minister has given support to all start-ups by giving instruction to CBDT for not asking the share premium details in Income tax Scrutiny. The finance minister has included 400 Cr. turnover companies in 25% tax net, which will benefit 99.3% out of the total companies in our country.
The filing of quarterly GST returns by traders having turnover of rupees 5 Cr. instead of monthly return is a welcome move. Giving pension to traders having turnover of rupees 1.5 Cr. through PM KarmayogiMandhanYojana is also welcome most.
Our country is a fastest growing economy of the world and our Finance Minister in guidance with our Hon’ble Prime Minister have taken ambitious target of making a 5 million economy, which will help in achieving good growth.
Promoting education and tourism to attract foreign students and tourist to India will help to get foreign currency& recognition to our country.
This is a balanced budget looking to the present situation and challenges at global level.
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