Prime Minister Narendra Modi on Monday hailed the union budget, saying it lays foundation for a strong India and helps to take a leap towards building a powerful nation.
The Prime Minister also lauded the income tax slabs announced in the budget. There is enthusiasm among the middle class due to zero income tax on income up to Rs seven lakh annually, especially youth below the age of 30 who newly got a job or launched a new business.
Prime Minister Narendra Modi on Monday hailed the union budget, saying it lays foundation for a strong India and helps to take a leap towards building a powerful nation.
He also said the pro-poor and pro-middle class budget has been discussed worldwide. 바카라This budget is going to give strength to a developed nation ensuring everyone바카라s participation in achieving the goal. It has further reinforced the foundation of a strong India when it completes 100 years of its independence,바카라 Modi said at a public rally here after inaugurating Hindustan Aeronautics Limited's helicopter factory in this district.
This is PM's third visit to poll-bound Karnataka in less than a month. He is scheduled to inaugurate the Aero India show here on February 13 and unveil the airport in the district headquarters town of Shivamogga on February 27. Modi said the budget tabled by Union Finance Minister Nirmala Sitharaman on February 1 was a "major step towards a strong, prosperous, complete, powerful and a fast-moving India".
Many major steps have been taken that favours rural India, poor, women, youth and elderly people, he said.바카라This budget is 바카라Sarva Sparshi바카라 (touching everyone바카라s life), 바카라Sarva Hitakari바카라 (beneficial to all), 바카라Sarva Samaveshi바카라 (all inclusive), 바카라Sarva Sukhkaari바카라 (pleasant to all) and 바카라Sarva Priya바카라 (loved by all). This budget gives job opportunities to all and encourages self-employment,바카라 Modi told the gathering.
This budget favours agriculture and villages by promoting 바카라Sri Anna바카라 (millets), which will give a "global strength" to the marginal farmers. He said the government has earmarked Rs 70,000 crore to give "roof" (shelter) to every poor family in villages.
The Prime Minister also lauded the income tax slabs announced in the budget. There is enthusiasm among the middle class due to zero income tax on income up to Rs seven lakh annually, especially youth below the age of 30 who newly got a job or launched a new business.
Increasing the deposit limit from Rs 15 lakh to Rs 30 lakh will increase the returns for senior citizens and making the leave encashment up to Rs 25 lakhs tax free will benefit those in the private sector, he added.