RAIPUR,CG: Former president of CA Association Raipur, former advisor to the Accountant General of Chhattisgarh Amit Chimnani, said it as a budget that will change the fate of Indians and the image of India.
Reacting on the budget, Amit said that the budget seems to be taking a big step towards more government spending, greater consumption, increasing the purchasing power of the people, improving the possibilities for investment, providing direct benefits to the people and strengthening the infrastructure of the country.
He said that if the standard deduction for employed people is between Rs 50,000 and Rs 75,000, now every working person will not pay any tax on his salary of Rs 7,75,000, that is, salary up to Rs 64,583 is now out of the tax net. In such a situation, most of the working people in India or in other words more than 90 percent people will not pay any income tax, this is a bold and historic step.
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