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

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

//business-finance.news-articles.net/content/202 .. -in-finance-minister-s-bahi-khata-this-year.html

Published in Business and Finance on Wednesday, January 29th 2025 at 10:41 GMT by

MSN

As the countdown begins to the presentation of Union Budget in Parliament, various segments of the society are once again talking about their wishlists. Zee Business reached out to an average middle-class family to learn about their hopes from the upcoming Union Budget.

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 ]

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