Union Budget 2022: People’s aspirations, expert analysis, what should be the budget this year?

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#NewDelhi: Only 7 days later, on February 1, Indian Finance Minister Nirmala Sitharaman is going to present the Union Budget 2022-23. Indian Finance Minister Nirmala Sitharaman is going to present the union budget for the fourth time.

The Union Budget 2022-23 is very important for the impact of Omicron, the new variant of Corona epidemic. Different people from different sectors of India are looking forward to the forthcoming Union Budget. They have high hopes for Indian Finance Minister Nirmala Sitharaman.

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Economic experts have raised a number of issues about the expectations of the general public on the central government in the forthcoming union budget. Let’s take a look at those few things.

1) In the forthcoming Union Budget 2022-23, the central government should focus on work from home. With this in mind, it is necessary to increase the amount of tax exemption for salaried employees.

2) In the forthcoming Union Budget 2022-23, the central government should focus on health insurance. With this in mind, health insurance needs to be brought under the 5 per cent GST slab.

3) In the forthcoming Union Budget 2022-23, the central government should focus on India’s automobile sector. Emphasizing on this issue, it is necessary to increase the amount of tax exemption in the automobile sector.

4) In the forthcoming Union Budget 2022-23, the central government should focus on the hospitality sector in India. Emphasizing on this issue, it is necessary to reduce the amount of GST and increase the amount of tax exemption.

5) In the forthcoming Union Budget 2022-23, the central government should focus on the Indian banking and MSME sector. It is necessary to introduce different types of government credit schemes with emphasis on this issue.

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) In the forthcoming Union Budget 2022-23, the central government should focus on India’s FMCG sector. It is necessary to pay more attention to the rural areas by emphasizing on this issue.

) In the forthcoming Union Budget 2022-23, the central government should focus on India’s aviation sector. It is necessary to increase the amount of tax exemption by emphasizing on this issue.

8) In the forthcoming Union Budget 2022-23, the central government should focus on the Indian stock market. Emphasis on this issue needs to strengthen the foundation of India’s financial structure.

9) In the forthcoming Union Budget 2022-23, the central government should focus on the Indian cryptocurrency market.

10) In the forthcoming Union Budget 2022-23, the central government should focus on India’s startup sector.

11) In the forthcoming Union Budget 2022-23, the central government should focus on climate change in India.

12) In the forthcoming Union Budget 2022-23, the central government should focus on India’s tax structure.

13) In the forthcoming Union Budget 2022-23, the central government should focus on India’s wealth sector.

Published by:Suman Majumder

First published:

Tags: Budget, Budget 2022, Nirmala Sitharaman, Union Budget 2022

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