Bhubaneswar: The budget has occurred as a disappointment for the middle class and the salary struggles with salary deductions and loss of work during a pandemic.
Without a tax concession announced in the budget, the middle class is allowed to overcome price increases and increase medical and education costs.
“We have high hopes of this year’s budget, but the Minister of Finance is silent at individual taxpayers.
Do not change the income tax slab at all is not relieved when each household struggles to balance revenue and expenditure in the middle of Covid,” said Ranjit Kumar Lenka, a person Employees in private companies.
With the price of skyrocketing essential commodities, middle class people feel betrayed without increasing standard deduction as well.
“The budget leaves high and dry salaries with the Minister of Finance does not mention individual taxpayers.
We expect some assistance in CESS education and the increase in tax exemption in health insurance,” said Bandita Kar, who works in the Fintech company.
“Salary pieces during the pandemic have not been restored and with risky health because of Covid, how do middle class families survive?” Asked Sulochana Sahu, a home maker.