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Budget Expectations: What can families expect in Finance Minister's 'bahi khata' this year?

The article from MSN discusses the expectations from India's Finance Minister Nirmala Sitharaman's upcoming budget presentation. Families are particularly hopeful for measures that will ease their financial burdens amidst rising inflation and economic recovery post-COVID. Key expectations include adjustments in tax slabs to provide relief, an increase in the standard deduction, and possibly a new tax regime that could benefit the middle class. There's also anticipation for enhanced social security benefits, such as higher allocations for health, education, and direct cash transfers or subsidies to help with the cost of living. Additionally, there is a call for policies promoting job creation, support for small and medium enterprises, and infrastructure development which indirectly supports family finances through employment opportunities. The budget is expected to focus on inclusive growth, ensuring that the benefits of economic policies reach the common man, thereby fostering a sense of financial security among families.

Read the Full MSN Article at:
[ https://www.msn.com/en-in/money/economy/budget-expectations-what-can-families-expect-in-finance-minister-s-bahi-khata-this-year/ar-AA1y47W4 ]