What should a common man’s Budget look like?
4 years, 2 months ago

What should a common man’s Budget look like?

Live Mint  

By Rahul Jain A significant financial event that always draws keen attention from all and sundry is the Union Budget. It will also be a good idea to increase the income tax threshold limit from the existing ₹2 lakhs for individuals below 60 to at least ₹ 2.5-3 lakhs to allow them to save more. Currently, taxpayers can claim exemption up to ₹ 1.5 lakhs under this section for investments made in public provident fund, equity-linked savings scheme, insurance premium, payment of home loan principal and children’s tuition fee among others. Also, with COVID-19 bringing the importance of health insurance to the fore, increasing the exemption threshold of premium paid towards a health plan can boost adoption and penetration of health insurance in the country. Given the quantum of volatility existing in markets, especially in the past year, it’s time for the Government to consider withdrawal of this tax to boost overall market sentiments and lift investors’ confidence.

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History of this topic

BJP hails Union Budget 2025-26 as ‘Developed India’ Budget
1 month, 3 weeks ago

BJP hails Union Budget 2025-26 as ‘Developed India’ Budget

Deccan Chronicle  

Vijayawada:AP BJP president and Rajahmundry MP Daggubati Purandeswari praised the Union Budget 2025-26, calling it a people-centric budget that will drive economic growth and benefit all sectors, including agriculture, MSMEs, women, and youth. Health Minister Satya Kumar Yadav welcomed the 12.9% budget increase for healthcare and lauded key initiatives like telemedicine, digital diagnostics, AI-based services, and broadband expansion in primary …

Union Budget 2025-26 | Increase in health allocation negligible, says Amalorpavanathan
1 month, 3 weeks ago

Union Budget 2025-26 | Increase in health allocation negligible, says Amalorpavanathan

The Hindu  

Like all health activists, I too was expecting that the health allocation in the Budget presented by the Hon’ble Finance Minister would be more than, or at least equal to, 2.5% of GDP. Currently, 350 million citizens lack access to basic medical care provided by any kind of health coverage, according to the National Council of Applied Economic Research. The …

Watch: Union Budget 2025 | What’s in it for health sector?
Trending News
1 month, 3 weeks ago

Watch: Union Budget 2025 | What’s in it for health sector?

The Hindu  

The Union Budget 2025-26 has brought several key developments for the health sector. This year’s budget sees an enhanced allocation, a commitment to adding 75,000 medical seats over the next five years, cheaper medicines for cancer, rare diseases, and chronic ailments, as well as the expansion of Ayushman Bharat to include gig workers. One of the most significant highlights is …

Budget 2025: Who benefits and who doesn’t
1 month, 3 weeks ago

Budget 2025: Who benefits and who doesn’t

Live Mint  

Mint brings you a special edition of Budget 2025, containing key takeaways, how it impacts various sectors, who benefits and who doesn’t, what’s costlier and what’s cheaper, and the big Budget numbers you should know. What the Budget Contains Tax Relief for Middle Class The finance minister exempted income up to ₹12 lakh a year from income tax, and lowered …

Economic Survey 2025: AB-PMJAY reduced out-of-pocket-expenditure from 62.6% to 39.4%
1 month, 3 weeks ago

Economic Survey 2025: AB-PMJAY reduced out-of-pocket-expenditure from 62.6% to 39.4%

The Hindu  

The Ayushman Bharat Pradhan Mantri Jan Arogya Yojana, India’s health assurance scheme, providing financial protection for secondary and tertiary healthcare, has contributed to significant reductions in out-of-pocket expenditure through an increase in social security and primary health expenditure, with over ₹1.25 lakh crore in savings recorded, said the Economic Survey 2024-25, tabled in Parliament on Friday, January 31, 2025, by …

Why Union Budget 2025 can enhance insurance and healthcare access for all
1 month, 3 weeks ago

Why Union Budget 2025 can enhance insurance and healthcare access for all

Firstpost  

While we are getting ready for the forthcoming budget, it is the time to address reforms that might make insurance and healthcare more inclusive, reasonably priced, and easily available. Reducing GST rates on health and life insurance premiums will assist to relieve family financial load and provide these important protections within the reach of more households. Further improving access to …

Budget 2025: Higher insurance penetration, Ayushman Bharat among 4 key expectations to benefit Healthcare Industry
2 months, 1 week ago

Budget 2025: Higher insurance penetration, Ayushman Bharat among 4 key expectations to benefit Healthcare Industry

Live Mint  

Budget 2025: Finance Minister Nirmala Sitharaman is set to present the Union Budget for fiscal 2025-26 on February 1. The expectations are building and healthcare industry expects expansion of healthcare schemes such as ayushman Bharat, increased Insurance penetration, emphasis on preventive healthcare, Tax releif for consumables and equipments This year’s budget must take bold steps to prioritize the health and …

Budget 2025 expectations: Will common man get relief from expensive treatment?
2 months, 1 week ago

Budget 2025 expectations: Will common man get relief from expensive treatment?

India TV News  

Budget 2025 expectations: Union Finance Minister Nirmala Sitharaman is set to present the Union Budget for the financial year 2025-26 on February 1. Health sector: Demand for better services and increase in budget Private hospitals across the country are seeking relief from GST to boost their earnings while making treatment more affordable. Dr Arora further suggested that the budget allocation …

Budget 2025: Healthcare Experts Seek Special Focus On Innovation And Accessibility
2 months, 2 weeks ago

Budget 2025: Healthcare Experts Seek Special Focus On Innovation And Accessibility

ABP News  

The healthcare system is one of the most crucial aspects of every country and every government puts a special focus on it. More Focus On Mental Health Manun Thakur, Founder and CEO of Veda Rehabilitation and Wellness, said, “According to a recent report by Deloitte India, “Poor mental health in employees is causing Indian companies a loss of over $14 …

Union Budget 2025: Healthcare sector seeks tax cuts, funding innovations and rural outreach
2 months, 2 weeks ago

Union Budget 2025: Healthcare sector seeks tax cuts, funding innovations and rural outreach

Firstpost  

As India prepares for the upcoming Union Budget, the healthcare sector is raising critical demands for comprehensive reforms and increased investment. To achieve Universal Health Coverage by 2030, experts are pushing for a significant rise in public healthcare spending, innovative funding models and policies that ensure access to quality care particularly in rural areas. Anup Mehra, DGM Finance at PSRI …

Doctors urge govt. to allocate more funds to health sector
2 months, 2 weeks ago

Doctors urge govt. to allocate more funds to health sector

The Hindu  

Medical professionals on Thursday urged the government to urgently strengthen primary health centres, community health centres and district health centres in the State. Health Budget-2025’, organised by Praja Aarogya Vedika at MBVK Bhavan in Vijayawada, doctors discussed the importance of raising the allocation for the health sector in the upcoming Budget. Some of their demands include attention to preventive healthcare; …

The burden of health care on India’s poorest
7 months, 2 weeks ago

The burden of health care on India’s poorest

Hindustan Times  

In recent years, the Indian government has made significant strides in reducing the burden of health expenditure on the common citizen. A particular focus of the government has been to reduce the burden of severe economic shocks due to “catastrophic” health care expenditure such as hospitalisation. In order to understand the character of catastrophic health expenditure, Artha Global’s Centre for …

A Budget that places health on the margins
8 months ago

A Budget that places health on the margins

The Hindu  

With the worst of the COVID-19 pandemic behind us, the Union Budget expectedly shifted focus to levers of economic growth such as infrastructure and employment. It was also hoped that the recognition of population health as a vital investment for accelerating as well as protecting economic growth would see continued investment in strengthening our health systems. In the Interim Budget, …

Budget 2024: Insurers expect more tax benefits for health insurance in Union budget
8 months, 2 weeks ago

Budget 2024: Insurers expect more tax benefits for health insurance in Union budget

The Hindu  

More tax benefits for health insurance under the new tax regime, relaxation in payment norms for MSMEs and incentives for the agri-tech sector are among the expectations of stakeholders from the first budget of the Modi 3.0 government. Anup Rau, Managing Director and Chief Executive Officer of Future Generali India Insurance Company, said the deduction limit on health insurance premiums …

Union Budget: Healthcare challenges and how the government can navigate them
1 year, 1 month ago

Union Budget: Healthcare challenges and how the government can navigate them

Firstpost  

The healthcare industry has always been the core of any flourishing civilisation. Modern medical challenges Public expenditure on healthcare contributes to only 1.3 per cent of GDP, resulting in compromised healthcare standards. As per some projections, AI utilisation in healthcare resource optimisation could contribute $25 billion to India’s GDP by 2025. Role of government in shaping healthcare The government must …

Interim Budget 2024 Wishlist: Insurance Industry Expects Higher Deductions for Medical Insurance Premiums
1 year, 2 months ago

Interim Budget 2024 Wishlist: Insurance Industry Expects Higher Deductions for Medical Insurance Premiums

News 18  

Written By Ramkumar S & Bijal Khara: The Union Budget 2023 was a bitter pill to swallow in many ways for the insurance sector, stemming from the fact that increased limit under Sections 80C and 80D, separate deduction for home insurance, relook at GST rates, and tax-free status for pension/annuity were not considered in the Budget. This impacted life insurance …

Union Budget: Stimulating pharma and healthcare for Amrit Kaal
1 year, 2 months ago

Union Budget: Stimulating pharma and healthcare for Amrit Kaal

Firstpost  

The Union Budget 2023-24, the first budget of Amrit Kaal, set out a vision and blueprint for an empowered and inclusive economy to lay building blocks for the coming 25 years in the journey to India@100 in 2047. Addressing tax issues about business expenditure Typically, pharmaceutical and healthcare companies incur various marketing and related costs which involve medical practitioners. Input …

Budget 2023 Reactions LIVE: Amit Shah Says Push To Cooperative Sector 'All-inclusive, Visionary'
2 years, 1 month ago

Budget 2023 Reactions LIVE: Amit Shah Says Push To Cooperative Sector 'All-inclusive, Visionary'

ABP News  

Budget 2023: The crucial day is here when Prime Minister Narendra Modi-led NDA government 2.0 will be presenting its last full-fledged budget ahead of the Lok Sabha polls in 2024. Taxpayers are hoping for further exemption in the current taxable income from Rs 2.5 lakh per annum to Rs 5 lakh per annum. Introduced in Budget 2020, the new tax …

Budget 2023: Experts Hope For Increased Thrust On Medical Education, Drug Research, AYUSH, Child And Maternal Health Initiatives
2 years, 1 month ago

Budget 2023: Experts Hope For Increased Thrust On Medical Education, Drug Research, AYUSH, Child And Maternal Health Initiatives

ABP News  

Budget 2023: Union Finance Minister Nirmala Sitharaman is set to announce India’s budget for the year 2023 on Wednesday, February 1. Experts have called for heavy investment in medical colleges, healthcare infrastructure, and disease awareness initiatives, and expect the budget to focus on drug research, child and maternal health initiatives, traditional medical practices, infectious diseases and antimicrobial resistance, among others. …

Budget 2023-24 Expectation: What senior citizens want from Nirmala Sitharaman
2 years, 1 month ago

Budget 2023-24 Expectation: What senior citizens want from Nirmala Sitharaman

Firstpost  

Every individual and sector of a country is hugely impacted by its Budget. Here are some of the things that senior citizens seek from this year’s budget: People expect that the government will raise the deduction against medical expenses. Senior citizens anticipate that the government could increase the basic Income Tax exemption limit to Rs 5 lakh from Rs 3 …

Union Budget 2023: Here are key reforms that salaried class can expect
2 years, 2 months ago

Union Budget 2023: Here are key reforms that salaried class can expect

India Today  

The Union Budget is eagerly anticipated every year - by the common man, the rich, corporations, partnership firms, stock market investors – for the significant impact it has on their finances. The government could reduce the highest tax rate from 30 per cent to 25 per cent to give more purchasing power and provide some relief to salaried employees. Also, …

Budget 2023: Why last full budget of Narendra Modi govt should focus on health sector
2 years, 2 months ago

Budget 2023: Why last full budget of Narendra Modi govt should focus on health sector

Firstpost  

Since next year, 2024, the country will hold general elections, it would be a vote-on-account. It must include allocations for public hospitals, diagnostics, pharmaceuticals, and digital health, including R&D and capacity building for healthcare at all levels. The providers from these smaller towns should be able to deliver healthcare, and government must ‘ONLY’ give local providers viability gap funding and …

Union Budget 2023: What are the pre-budget expectations for healthcare sector?
2 years, 2 months ago

Union Budget 2023: What are the pre-budget expectations for healthcare sector?

Live Mint  

On February 1, the Union Budget for 2023–24 is scheduled to be presented in Parliament by Finance Minister Nirmala Sitharaman. We have noticed that problems like sexual and reproductive health, diabetes, mental health issues and rural healthcare infrastructure require special attention and should be given special consideration in the budget of 2023. Being a telemedicine company, we strongly recommend improvements …

From Tax Exemption To Rural Push, Here Are Key Expectations From Budget 2023
2 years, 2 months ago

From Tax Exemption To Rural Push, Here Are Key Expectations From Budget 2023

News 18  

The Budget 2023 is set to be tabled in Parliament by Finance Minister Nirmala Sitharaman on February 1. Here are five major expectations from the Union Budget 2023-24: Tax Exemption Limit There is an expectation that the government might give a relief to individual tax payers by raising tax exemption or rebate limit. If the salary goes above Rs 5 …

Union Budget 2023-24: What healthcare sector expects from Finance Minister
2 years, 2 months ago

Union Budget 2023-24: What healthcare sector expects from Finance Minister

Firstpost  

The Parliamentary session of the Union Budget is likely to be held on 31 January, 2023, as per reports. Just like every sector of this country, the healthcare sector also has big expectations from this year’s budget The Union Budget 2023-24 is just around the corner. Just like every sector of this country, the healthcare sector also has big expectations …

Budget 2023: What Insurance Industry Demands to Boost Insurance Penetration in India
2 years, 2 months ago

Budget 2023: What Insurance Industry Demands to Boost Insurance Penetration in India

News 18  

The Union Budget 2023 — the most eagerly awaited financial event of the year — is just around the corner. Since the growth in the insurance sector has the potential to directly aid India’s global aspirations, Budget 2023 could prove to be a catalyst for its reformation. Here are a few expectations the insurance sector has from this year’s Budget: …

Budget 2023: PHDCCI pitches for increasing health budget by 30-40%
2 years, 2 months ago

Budget 2023: PHDCCI pitches for increasing health budget by 30-40%

Live Mint  

Industry body PHDCCI on December 29 said the health budget should be increased by 30-40 percent as there is a growing need for health facilities and infrastructure across the country. Making the suggestion for the forthcoming Union Budget, Saket Dalmia, President of PHDCCI, said the budget for health has seen a rise of about 16 per cent in absolute terms …

To bolster health care, governments must raise their budget allocations
3 years ago

To bolster health care, governments must raise their budget allocations

Hindustan Times  

We are now past the halfway mark between 2017 and 2025. The National Health Policy 2017 aimed to increase public health spending from about 1% of the Gross Domestic Product to 2.5% by 2025. Before NHP 2017, NHP 2002, National Rural Health Mission in 2005, and the 11th and 12th five-year plans, all envisioned an increase in public health spending …

Union Budget 2022-23: 4 steps govt can take to ease burden on taxpayers
3 years, 1 month ago

Union Budget 2022-23: 4 steps govt can take to ease burden on taxpayers

India Today  

The Covid-19 pandemic has not only hit jobs but also left a large number of households grappling with rising living costs. NEW TAX REGIME ADJUSTMENTS The previous budget did not provide any major relief to the salaried class and experts said the government must consider revising the personal income tax slab in the Union Budget 2022-23. Many experts believe that …

For the Union Budget, the priorities and challenges
3 years, 2 months ago

For the Union Budget, the priorities and challenges

Hindustan Times  

The 2022 Union Budget will be presented as India completes two tumultuous years of the Covid-19 pandemic and the attendant economic slowdown. The Centre for Economic Data and Analysis at Ashoka University discussed Pew Research Centre’s estimates for India, which showed that the country’s middle-income population shrunk by 32 million. This context to the 2022 budget reinforces the point that …

Budget 2022: Up to Rs 1 Lakh Income Tax Relief for Insurance Premiums? What Experts Say
3 years, 2 months ago

Budget 2022: Up to Rs 1 Lakh Income Tax Relief for Insurance Premiums? What Experts Say

News 18  

Union Budget 2022: Finance minister Nirmala Sitharaman will present the Union Budget 2022 at the Parliament on February 1, which is a week away. The industry has long pending expectations from the policy makers for incentivizing people to get life insurance by giving a separate deduction limit of minimum INR 1 lakh for insurance premium payment under Section 80C,” said …

ITR filing: All you need to know about claiming deductions for Covid-19 related expenses
3 years, 8 months ago

ITR filing: All you need to know about claiming deductions for Covid-19 related expenses

Hindustan Times  

Coronavirus disease has wreaked havoc on people’s lives in the country. A tax exemption of up to ₹ 25,000 can be claimed under Section 80D against the premium paid for a health insurance policy. Here's more about the tax deductions you can claim while filing ITR: Financial help The ex-gratia payment received by an employee’s family members from an employer …

Union budget focuses on spending to boost economic growth, strengthen health sector: Prasad
4 years, 1 month ago

Union budget focuses on spending to boost economic growth, strengthen health sector: Prasad

India TV News  

Union Minister Ravi Shankar Prasad on Saturday said the central budget for 2021-22 fiscal has focused on spending to build infrastructure and boost the economic growth of the country. Prasad said the budget should be seen in the context of the COVID-19 pandemic and the announcement of Rs 27 lakh crore Atma Nirbhar Bharat scheme. He also said the allocation …

Infrastructure, healthcare get biggest boost in Union Budget 2021: Key takeaways
4 years, 1 month ago

Infrastructure, healthcare get biggest boost in Union Budget 2021: Key takeaways

India Today  

The Union Budget 2021 presented by Finance Minister Nirmala Sitharaman was all about prioritizing key issues like creating more jobs, ramping up healthcare spending and boosting economic growth. Having said that, here are key takeaways from the Union Budget 2021: Healthcare and infra get biggest push The funds allocated for infrastructure development and heathcare were the biggest highlights of Budget …

Income-Tax Slabs Remain Unchanged; IT Relief For Senior Citizens Above 75 Years : Budget 2021 Highlights
4 years, 1 month ago

Income-Tax Slabs Remain Unchanged; IT Relief For Senior Citizens Above 75 Years : Budget 2021 Highlights

Live Law  

The Union Finance Minister, Nirmala Sitharaman today presented the Budget for financial year 2021-22 in the Parliament. A key outline of the allocation is as follows: New Centrally Main interventions under the scheme include: Support for Health and Wellness Centres, Setting up Integrated Public Health labs in all districts, Critical care hospital blocks, Strengthening of National Centre for Disease Control …

In annual budget, India vows to boost spending to revive economy
4 years, 1 month ago

In annual budget, India vows to boost spending to revive economy

Al Jazeera  

India to double healthcare spending, increase cap on foreign investment in insurance to boost the industry. The current fiscal year ending on March 31 was expected to close out with a deficit of 9.5 percent, she said, much higher than the government’s earlier projection of 7 percent. Sitharaman proposed increasing healthcare spending to 2.2 trillion Indian rupees to help improve …

Union Budget 2021: Taxpayers hope for lower income tax, deductions on medical treatment, incentives for WFH
4 years, 1 month ago

Union Budget 2021: Taxpayers hope for lower income tax, deductions on medical treatment, incentives for WFH

Firstpost  

The pandemic shook the economic base of our country escalating the normal expectations of the past year. It is worthwhile to note that the major impact of the pandemic is not only on the general public or different sectors but also on the government–funds released in the lockdown period to serve the nation have impacted the Treasury, and lesser earnings …

Union Budget 2021: Great expectations of common man
4 years, 1 month ago

Union Budget 2021: Great expectations of common man

India TV News  

Union Budget 2021: Great expectations of common man After the economic downturn due to COVID-19, Finance Minister- Nirmala Sitharaman has raised many hopes for everyone before presenting the 2021 Budget, on February 1. This will give a boost to the taxpayers to save more and more indifferent investment options like PPF, NSC, NPS, ELSS, Bank FDs etc… According to Adhil …

Budget 2021: ’No major changes in tax structure, covid cess could be one off’
4 years, 2 months ago

Budget 2021: ’No major changes in tax structure, covid cess could be one off’

Live Mint  

After the year hit by the pandemic, all eyes are on Union Budget 2021, to be announced on February 1. Rahul Singh, CIO-Equities, Tata Mutual Fund believes, Government’s focus in the upcoming Budget is likely to be on providing acceleration to the economic recovery which has been underway over past few months. Government spending target will key and aided by …

Budget 2021: Centre may introduce new 'Covid-19' cess. All you need to know
4 years, 2 months ago

Budget 2021: Centre may introduce new 'Covid-19' cess. All you need to know

India Today  

All eyes are on the government’s upcoming budget announcement for 2021-22 as India looks to get back into growth territory after a devastating economic blow due to the coronavirus pandemic in 2020. In view of the additional expenditure towards Covid-19 and mass vaccinations, the government is believed to discussing a plan to introduce a coronavirus cess or surcharge, reported The …

Experts expect tax benefits u/s 80D to increase to ₹1 lakh in Budget 2021
4 years, 2 months ago

Experts expect tax benefits u/s 80D to increase to ₹1 lakh in Budget 2021

Live Mint  

Even prior to the global pandemic, health insurance was a growing sector, however, the pandemic has spotlighted the indispensable nature of having a safety net when it comes to healthcare costs. "Given the global focus on health, we anticipate that this year’s union budget will have larger thrust on health reforms," says Mayank Bathwal, CEO, Aditya Birla Health Insurance. He …

How Covid-19 will shape India's Budget 2021
4 years, 2 months ago

How Covid-19 will shape India's Budget 2021

India Today  

After being shaken by a pandemic, India’s upcoming budget is likely to allocate more money on health and related infrastructure. The government's budget gap will likely widen more than 7 per cent of the GDP this year as tax collection has dropped due to economic slowdown. Data shows that India's out-of-pocket expenditure is more than 60 per cent of India's …

India Inc’s Budget Wish List Takes a Lesson From Covid-19 With Rare Health Spending Demand
4 years, 2 months ago

India Inc’s Budget Wish List Takes a Lesson From Covid-19 With Rare Health Spending Demand

News 18  

India has a dismal ratio of doctors and hospital beds, and the fragility of our healthcare infrastructure was amplified in 2020, when a global pandemic threatened to overwhelm our hospitals and medical centres. Covid-19, the gravest health threat in recent memory, has now pushed the country’s apex business chambers to also emphasise the need for hiking government health spend in …

Covid-19: Health insurance is your best bet against steep medical costs
4 years, 7 months ago

Covid-19: Health insurance is your best bet against steep medical costs

Hindustan Times  

It’s been a few months since the world woke up to the realization that a pandemic was underway. Skyrocketing medical costs Several ’ and ‘’ with uniform features, terms, and conditions. Reliance General Insurance offers a slew of unique benefits as part of its policy, so that you can allay your fears about healthcare in these stressful times. Some of …

Covid-19: Health expenditure will be increased, says Sitharaman
4 years, 10 months ago

Covid-19: Health expenditure will be increased, says Sitharaman

Live Mint  

In the wake of the novel coronavirus pandemic, the Union finance minister Nirmal Sitharaman on Sunday said that health expenditure will be increased and health reforms will be made at the grassroots level. Speaking at her fifth consecutive press conference regarding allocation of ₹20 trillion economic package in different sectors, the minister said, "To prepare India for any future pandemic, …

Budget 2019: Income tax changes you can expect
5 years, 8 months ago

Budget 2019: Income tax changes you can expect

India Today  

As finance minister Nirmala Sitharaman gets ready to announce her maiden budget on July 5, expectations among Indian citizens are already sky high. Having said that, here are a few likely income tax changes that could be announced by Nirmala Sitharaman: Income tax exemption limit Since a full tax rebate up to Rs 5 lakh was introduced under Section 87A …

Union Budget 2019: Constitution makes healthcare the responsibility of state governments
5 years, 8 months ago

Union Budget 2019: Constitution makes healthcare the responsibility of state governments

Firstpost  

The private health care sector is responsible for the majority of healthcare in India, and most healthcare expenses are paid directly out of pocket by patients and their families. The private health care sector is responsible for the majority of health care in India, and most health care expenses are paid directly out of pocket by patients and their families, …

Health spends can’t be left to chance
6 years, 8 months ago

Health spends can’t be left to chance

Hindustan Times  

Costs relating to healthcare have a feature that is very different from that of virtually all the other services such as education, food, and clothing. You are better off if you regularly put a fixed sum of money into a pool and relied on this to pay for unpredictable expenses Economic theory indicates that expenses that have such an uncertain …

Middle-class remains disappointed
7 years, 1 month ago

Middle-class remains disappointed

Deccan Chronicle  

The general expectation was that Narendra Modi Government’s last full-fledged budget before the elections next year would be a please-all, soft one. Finance Minister Arun Jaitley has left the income-tax structure unchanged against the hopes of the middle class that the exemption limit would be increased from '2.5 lakh. Jaitley has extended the Pradhan Mantri Vaya Vandana Yojana till March …

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