Categories: India

Assistance to those who are expected to reduce inflation

New Delhi: In a high inflation environment because higher input costs and high unemployment caused by Covid-19 pandemic, the government is expected to provide assistance to individuals and increase disposable income to increase consumption with the FY23 budget, becoming a tripliant in parliament in 1.
February .
The government can increase the standard cutting limit from Rs 50,000 to Rs 1 Lakh, the word SMC Global Securities in a report.
He hopes that the increase in tax benefits of the interests of home loans and principal payments is equal to 50,000, higher than the current level of Rs 2 Lakh and Rs 1.5 Lakh, respectively.
The government can provide interest subsidies by 3-4 percent on a home loan for three years.
It is expected that the budget allocation for the train is set to reach the next fiscal record level when the government prepares to support major changes to national transporters.
In addition, there is a possibility of reducing customs for petroleum products.
The market also looks for support measures for sectors such as housing, automatic, and automatic acclination, and pli related steps in several sectors.
The government can announce the monetization of the Public Sector Undertakings Assets (PSU) under the National Monetization Pipes (NMP).

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