Swaminathan Aiyar: Budget 2025: Tax sops for middle class too high & shrinks tax base; no mention of capex, Trump threat: Swaminathan Aiyar

by pulseadmin February 2, 2025, 5:48 am 100 Views

Swaminathan Aiyar, Consulting Editor, ET Now, says the Budget shows strong support for the middle class and for Bihar. These are its main features. However, there was no focus on capital expenditure. The large tax break for the middle class may not be a smart choice. In many countries, the tax…