BJP national general secretary Tarun Chugh on Wednesday congratulated Prime Minister Narendra Modi and Union Finance Minister N Sitharaman for presenting a budget which will take the country into a new era.
Chugh said the budget has taken good care of Agriculture sector which is of primary concern for Punjab.
He said the budget presents a vision which aspires to take India forward on the path of making it a global power.
There is a big concession for all sections of the society so that every citizen,en could contribute to the growth of the nation.
He said the budget would ensure that inflation remained under check and people enjoyed fruits of growth and development.
Finance Minister Nirmala Sitharaman presented the Union Budget 2023 today in Lok Sabha. This was the third time in a row that the government presented the budget in a paperless form.
Highlights of the budget presented by the Union Finance Minister included b ig incentives under the new income tax regime. The IT rebate limit in the new regime has been increased from
Rs 5 lakh to Rs 7 lakh and the new tax regime will be the default tax regime, the Finance Minister said. Capital expenditure outlay has been increased by 33 per cent to Rs 10 lakh crore, accounting for 3.3 per cent of the GDP.
