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Union Budget 2023: If there is relief from inflation, industries will get revival, this is the hope from the budget A to Z Counsel

Union Budget 2023-24


Union Budget 2023-24
– Photo: iStock

Expansion

Job professionals and entrepreneurs-businessmen have the highest expectations from the general budget. Where the employed people are looking forward to the exemption in the income tax limit, the businessmen are dreaming of revival of the industries due to low inflation.

If people believe, then this budget will be the election budget of the year 2024. Therefore, from common man to entrepreneurs, there is hope of relief from inflation in this budget. Due to reduction in the rate of common food items, the budget of the kitchen is expected to improve. The entrepreneurs are hopeful that the industries here are looking forward to the provision of a special package in the budget and abolition of import duty on some items.

The government should provide a special package for industries like traditional color-gulal, asafoetida, perfume, ghungroo, handicraft, handloom and powerloom, readymade garments, which will lead to the development of these industries. People say that stoppage of some trains at Hathras Junction and Hathras City station should be increased. Along with this, the Railways is preparing to increase the parcel service. In such a situation, reduction in freight is also expected.

Special efforts are needed by the government to promote small and cottage industries. The traditional Rang-Gulal industry of the district should be given a special package in this budget. Tax rates should be reduced so that businessmen can get relief. – Ram Bihari Agarwal, businessman

Hathras is called an industrial city. Even after this, special package is not given for the traditional industries here. This time if the industries get a special package, it will act as a lifeline for the industries. Kapil Agarwal, businessman

The readymade garment of Hathras has been included in one district one product. So far there has been no meaningful effort to enhance this product. A center should be made to learn new technology, so that this industry can grow faster. – Rajesh Agarwal, Entrepreneur

The date for filing returns in the budget should be extended. The income tax exemption limit should be raised to Rs 5 lakh, so that small tax payers can get benefited. Under 80C, the exemption of Rs 1.5 lakh should be increased to Rs 2.5 lakh. Vinod Agarwal, tax advocate

The general budget should be focused only on providing relief from inflation. Due to inflation, we are facing difficulties in living. An action plan should be made to provide means of employment. Jitendra Kumar, employed

The government is expected to reduce inflation in this budget. A plan should be made to reduce the prices of essential items ranging from food items, so that rising inflation can be controlled. – Sanjeev Pandit, general public

Food grains have become very expensive. The prices of gas cylinders are skyrocketing day by day. If the prices of gas are fixed then there will be a lot of relief. Along with this, the government should also make efforts to reduce the inflation on food items. – Princess Dixit, Housewife

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