Bihar merchants dissatisfied with Budget 2021

Image Source : AP Finance Minister Nirmala Sitharaman, heart, with junior Finance Minister Anurag Thakur, left, go away finance ministry for the parliament home to current annual federal price range, in New Delhi.
After the presentation of the Union Budget within the Parliament on Monday, blended reactions emerged from Bihar with the widespread folks saying that there isn’t any direct profit for them.

Moreover, some each day want objects are anticipated to value extra within the 2021-22 monetary yr.

Raju Chaudhary, a retail store proprietor on the Hathua market in Patna, mentioned, “With an increase in customs duty, daily need items are likely to cost more in the next financial year, including certain mobile phone parts.”

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Babu Lal Prajapati, a member of the Divisional Chamber of Commerce in Darbhanga, instructed IANS: “The middle class families in the country were looking for a change in the current tax slab, but the Finance Minister did not touch the issue, which means the tax slabs will remain unchanged. She has only given some exemptions to senior citizens above the age of 75 years.”

“Due to the Covid-19 pandemic, many small and medium scale industries have either closed or are operating under huge debt. They were looking for some benefits like rebate in taxes, but the Finance Minister only pointed out the easy process of GST. The Finance Minister has only allocated funds for road construction projects in poll-bound states like West Bengal and Tamil Nadu, but nothing for Bihar,” Prajapati added.

“There is nothing for the enterprise class within the price range. Moreover, we don’t imagine within the bulletins made by the Central authorities. The authorities has launched a 2.5 per cent cess on petrol and diesel, which can damage the widespread folks of the nation. Prajapati mentioned.

BJP state spokesperson Nikhil Anand mentioned: “The Budget is according to the expectations of the common people. It has something for the poor, farmers, elderly, women and industrialists. The Finance Minister has allocated additional funds for agriculture, health, infrastructure, roads, railways etc.”

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