UP Budget Expectation: This demand arose from PM Modi’s parliamentary constituency regarding the general budget, know what the people of UP want

[ad_1]

UP News: The General Budget (Union Budget 2023) will be presented on February 1, but before that people of every section want to convey their views to the government regarding the budget. The common man has high hopes from this budget. When the people of Prime Minister Narendra Modi’s parliamentary constituency Varanasi were talked about the budget, they kept their demands.

UP | Varanasi residents express their expectations from Union #Budget2023

Income-tax ceiling should be raised, relief should be given to the common man, says Sunil Jaiswal.

The budget should focus on health and education, in view of the pandemic we faced, says SK Singh, a businessman. pic.twitter.com/VIsFHql2yJ

— ANI UP/Uttarakhand (@ANINewsUP) January 29, 2023

Demand to give relief to the common man in the budget

Regarding the Union Budget 2023, Sunil Jaiswal of Varanasi spoke to the media (ANI), talking about increasing the income tax limit and giving relief to the common man, while SK Singh, a businessman, demanded from the government that, we In view of the epidemic that has been faced, attention should be paid to health and education in the budget.

Demand to increase the limit of income tax in the budget

In fact, in the conversation held with different people in Uttar Pradesh, one common thing that has come to the fore is regarding tax relief in the general budget. Along with business groups, tax experts and common people are demanding that if income tax exemption up to five lakhs is given, it will be a big relief. Along with this, if the limit of tax benefit on home loan payment is increased from Rs 2 lakh to Rs 5 lakh, then the pace of real estate sector will also increase significantly.

Bullion and real estate businessmen kept this demand

The bullion traders of Uttar Pradesh are demanding that the import duty on gold should be reduced. He said that the import duty should be reduced by at least four percent. Along with this, there is a need for amendment in section 411. Actually, import duty is the tax that the customs officials of a country collect on goods (imported goods) coming from another country in that country. Apart from this, the real estate traders of UP have demanded that along with giving infrastructure status to real estate, the definition of affordable housing should also be changed. Also, up to 100 percent exemption should be given in rental income.

[ad_2]

Source link