...
...
Next Story

Common man in Rajasthan disappointed with Union budget

For the salaried class, the budget was a disappointment as people were expecting changes in the income tax rates, but only a standard deduction of ₹40,000 was proposed for transport and medical reimbursement

Updated on: Feb 01, 2018 09:46 PM IST
Hindustan Times, Jaipur | By
Prefer HTon Google
Advertisement

It was a “disappointing” budget for the common man in Rajasthan.

Union finance minister Arun Jaitley addresses a press conference after the Union Budget 2018-19  on Thursday. (PTI Photo.)
Union finance minister Arun Jaitley addresses a press conference after the Union Budget 2018-19 on Thursday. (PTI Photo.)

For the salaried class, the budget was a disappointment as people were expecting changes in the income tax rates, but only a standard deduction of 40,000 was proposed for transport and medical reimbursement.

Satish Totla, a private employee said post demonetization and GST, the central government has been facing a financial crunch, which clearly reflects in the budget. “The announcements have been made which cannot be termed as populist and was not a genuine budget, as the finance minister did not have money in the kitty. In such a situation, it is to be seen if the announcements made today, materialise in the future.”

Praveen Kumar, a private employee, said “Healthcare was emphasised in the budget, but I personally feel that ayurveda should have been given importance. Along with allopathy, ayruveda should also be promoted.”

He also felt that a time-bound roadmap for the implementation of the budget announcements should be made.

Dr MCR Vyas, a senior citizen, hailed the decision to exempt interest on income on deposits with banks and post office from the existing 10,000 to 50,000.

Bhuvnesh Sharma, a private employee said “I am disappointed as income tax slab has not been increased. There is nothing for the salaried class.”

Similarly, Amita Saini, homemaker said, “I don’t find this budget has provided any relief to the common man, who is reeling under inflation.”

 
SHARE THIS ARTICLE ON
Hindustantimes wants to start sending you push notifications. Click allow to subscribe