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Budget 2023 Expectations: Finance Minister Nirmala Sitharaman will present the country’s next general budget in Parliament on Wednesday, February 1, 2023 at 11 am This is the last full budget of the Modi government before the Lok Sabha elections 2024. Like the last two budgets, this time too the budget will be paperless. But whether the government will give taxpayers any relief before the election year remains a big question. First Kovid and then the middle class facing inflation have high hopes for this budget.
Read the full details of the 2023 budget here
What does the taxpayer expect from the 2023 Budget? (Expectations of the salaried class)
Salaries are looking forward to Finance Minister Nirmala Sitharaman’s budget speech announcing changes to the tax tables, raising the cap to 80C.
Expectations of the common man? (Fiscal expectations of the 2023 Budget)
Small farmers and farmers living in towns and rural areas also have high hopes for the Finance Minister’s budget speech. The farmer expects a quota increase from Prime Minister Kisan Samman Nidhi. Apart from this, the common man’s Ayushman card limit is also expected to rise from Rs 5 lakh. It is necessary to see what comes out of the budget box of the Minister of Finance.