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Budget 2023 Populist Or Pragmatic? Chief Of Parliamentary Panel | Jayant Sinha | Kiran Mazumdar-Shaw

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Budget 2023 Populist Or Pragmatic? Chief Of Parliamentary Panel | Jayant Sinha | Kiran Mazumdar-Shaw

It’s less than three weeks to go for the Narendra Modi government’s last full-fledged Budget before the 2024 Lok Sabha elections. And while expectations are many, the one most echoed is much-needed tax break for the population segment that forms the biggest chuck of Indian taxpayers – the salaried middle class.
Like every year, the common man is this year too hoping for some form of tax relief from Finance Minister Nirmala Sitharaman. The hope is heightened with general elections due next year.
No relief by way of changes in tax slabs, tax rates or standard deduction has been a major grouse among the Indian middle class in the last few Union Budgets. With the Covid-19 crisis hitting savings hard and triggering salary cuts and layoffs, the middle class wants a break.

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