Mysuru, July 6:- “The present Union budget has all measures to increase the Indian economy to $5 trillion. The government has waived off customs duty on defence instruments. The central government has tax benefit to electronic items manufactured in India. Digital payment is also given importance,” said Bharatiya Janata Party (BJP) president Dr Manjunath BH on Friday.
“Tax benefit of up to Rs 5 lakh is a welcome move for the middle class. Here onwards, Aadhaar card alone is enough for tax payment and income tax returns. Providing Rs 400 crore for IIT, IIM and IISc shows the concerns of the government for education. The budget has also provided national research foundation. Importance to suburban train and metro, houses to 24 lakh families, pension for retired labourers are all welcome moves. Revised MUDRA scheme will be helpful for women,” he added. (MR/SH)