As opposing to the desires of all the people, numerous of the business owners know that this year’s budget will not provide the full assistance because of the FM cannot have enough money to the provide tax concessions this year. Government is not able to pay the money for their expenses.
Arun Jaitley, the finance minister of India will place the budget of this year on February 1, 2018 in the Lok Sabha. 35% of the respondents were youth professionals and 33% senior executives.
As per the survey, it has found that from the questioning, which part of the populace must take assistance in 2018. The result was 65% said that government should give relief to the salaried middle class. On the other hand, 28% answered that our finance minister must provide the full assistance to the farmers and agri-workers. The desire of numerous of the people shows that auto fuel excise duty policy should remove from the present system of ad hoc changes in taxes to a more clear one. But some people said that it will be the best method to keep auto fuels below the GST rule.
To save their money, 40% people liked to increase the limit of the Rs 10-15 lakh of return filling, whereas 36% liked to increase the limit of the Rs 2.2-5 lakh. Enlarging the limit of Rs 1.5 lakh for presumptions below Section 80C was the great demand of 46% population. 80% people have demanded to low the income tax rates. On the other hand, 4% people answered that they are ready to fill more taxes for the added expenses of this country. 13% people have shown their interest on the existing income-tax rates i.e. they are satisfy with present working income-tax slabs.