Tax Relief, Infrastructure Improvement, Expansion of PLI.
As this is the last full-year budget before the 2024 general elections, the government led by Prime Minister Narendra Modi is expected to make efforts to appeal to all sectors of society in an effort to solidify their power.
Taxpayers are hoping for an increase in the current tax-free income limit from Rs 2.5 lakh per year to Rs 5 lakh per year.