Union Budget 2024

BJP government is doing a good job. In last ten years the country has progressed from 10th spot to 5th economic power. Many people have come out of abject poverty. There is progress in providing better health, housing, water, electricity, sanitation, education, etc.
However, middle class is the largest segment of the Indian population. They have aspirations and they are honest tax payers. Middle class is today the most neglected class of population. They are the backbone of Indian white collar workforce. They are also the big foreign exchange earners for the country.
I am yet to see a focussed policy in budget to help them achieve their aspirational goals. They are the growth engine for demand - housing, higher education, clothing, food consumption, travel and entertainment, better health facility, automobiles, etc,.
Current budget gives them nothing to cheer abut. Even indexation on LTCG is removed so they will pay more tax if they want to sell old home and move to a better place!
I hope the government looks into their problems or BJP will face same problems in coming state elections and loose in all coming elections and bye polls. more  

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LTCG is the biggest blow. Selling a house will involve a massive outflow of taxes! more  
Please send it in bold letters since I cannot read it due to my age. Thanks. S.Kumar ________________________________ From: Meheryar Bharucha Sent: Thursday, July 25, 2024 4:56 AM To: laxmisarwan@hotmail.com Subject: "Union Budget 2024" [https://s3-ap-southeast-1.amazonaws.com/lc-public-content/img/ses_logo_mail.png] [https://s3-ap-southeast-1.amazonaws.com/lc-public-content/userimages/602620/41426571354f06be54d632_male_27022015063645_profile.jpg] Meheryar Bharucha Meheryar Bharucha posted a message in "Transforming India ". Subject: Union Budget 2024. BJP government is doing a good job. In last ten years the country has progressed from 10th spot to 5th economic power. Many people have come out of abject poverty. There is progress in providing better health, housing, water, electricity, sanitation, education, etc. However, middle class is the largest segment of the Indian population. They have aspirations and they are honest tax payers. Middle class is today the most neglected class of population. They are the backbone of Indian white collar workforce. They are also the big foreign exchange earners for the country. I am yet to see a focussed policy in more... Reply Reply to this email to post a comment. If you believe that this post is inappropriate for this Circle, report it. If you don't want to receive emails from us in future, please Unsubscribe. [https://s-install.avcdn.net/ipm/preview/icons/icon-envelope-tick-green-avg-v1.png] Virus-free.www.avg.com more  
Yes I too agree with you fully, I don't know know how they are neglecting the middlle class people . Ofcourse all the time it is happening. My point is that people have much trust on this present govt. came for third time in power expecting large extent from this govt about the providing facilities in tax. But it has not happend, really people are upset the tax provisions given in Budget 2024 more  
Before election statement given by PM and advertised that senior citizens age 70 + will be given medical insurance card and railway ticket concession as it was prevail previously, 'Mody ka promise' but nothing mention in budget more  
Indexation needs to be restored. The changes in tax rates are welcome. The Internship scheme is good on paper, but it needs to be introduce immediately and will Govt ensure that that the scheme doe not lead to more corruption? more  
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