''India is a world leader in the diamond cutting and polishing industry, which employs a large number of skilled workers,'' Union Finance Minister Nirmala Sitharaman said in her budget speech.
Increased tax slabs, increase in standard deduction, and increased deductions from pensions will bring relief expected to over 4 cr salaried individuals and pensioners.
Modi 3.0 may not be as economically challenged as Modi 1.0, but the sub-par performance in 2024 elections is likely to have a bearing on Centre’s financial statement.
Sitharaman says the 53rd GST Council meeting has taken a lot of decisions on trade facilitation, and easing compliance burden to give relief to the taxpayers