The increase in the threshold of tax exemption under the new tax system from 7 Rs for Cham to 12 Rs. Speaking in the schedule of the tour today in the field of budget in India today, which was run by Rajdib Sardisai, Rajia Sebha and former Finance Minister B. Chidampar, he welcomed this step but he argued that wider mitigations were needed.
“I welcome this, but I believe that the masses deserve money in their hands. This means that the tax of goods, services or taxes on gasoline and diesel should have been reduced.
“Low,” said Chidampar.
While the tax cuts will cost a rupee ru rupe, many experts believe that it will increase consumption and savings, which leads economic growth. However, Chidambar shadow is skeptical.
“Finance Minister Rurawi Kruer Rurawi put in the hands of taxpayers, but all of this will not enter into consumption. Some will go to bank deposits, some of which will be used to pay loans, and some will be spent on foreign travel. The main question is: How much will actually lead to payment Local consumption? “
With the highlight of income variations, he referred to modern data on the monthly expenses of the individual. In December 2024, the average monthly expenses of the individual was 4122 rupees in rural areas and 6.96 rupees in urban areas. For the lower half of the population, it is much lower. To stimulate the demand, you need to put money in their hands “if the masses consume more, It will pay the request. “
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Chidambaram also pointed out a decrease in capital spending, saying: “The center and the sandy state decreased by 1.84 rupees.
Regarding the global dangers, he pointed to the uncertainty in the United States, saying: “The opposite winds will be there. This time comes with an unexpected American president. The government must hold closed discussions with opposition leaders. For a dangerous dialogue before leaving for the United States.