There are high expectations for the upcoming budget, with several key areas under discussion that could bring benefits to various sectors. Among these is the possibility of increasing the Kisan Credit Card (KCC) limit, which could provide farmers with greater financial flexibility. Additionally, there are talks of enhancing the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, offering more support to farmers. Another significant issue is the potential reduction in tax rates, especially for the middle class, particularly salaried employees who pay income tax. This has raised hopes that there may be adjustments to the income tax slabs, making it easier for taxpayers. The government is also considering increasing capital expenditure (capex), which could boost investments in sectors like airports, ports, railways, and highways. As the finance minister, Nirmala Sitharaman, prepares to present the budget, all eyes are on how these announcements will impact the common man, especially the middle class, women, and the economically weaker sections. Prime Minister Modi’s emphasis on supporting the poor and middle class signals that major announcements in these areas may be forthcoming in the budget presentation.
