Budget 2025: Finance Minister Nirmala Sitharaman is ready to current this 12 months’s Union Budget 2025 on February 1, 2025. Like yearly, the center class is wanting on the Narendra Modi authorities to present income tax reduction,
RSS-affiliated organizations have offered varied proposals throughout pre-price range discussions with FM Nirmala Sitharaman, together with elevating tax-free/tax exempt income threshold to Rs 10 lakh, implementing an agriculture-particular package deal, extending MGNREGA work days to 200, quickening GST refundsand establishing an intensive manufacturing technique to handle Chinese imports.
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Bhartiya Mazdoor Sangh‘s (BMS) representatives, led by Pawan Kumar, offered their suggestions to Sitharaman on Monday.
According to an ET report, BMS advocated for extending MGNREGA to guarantee 200 workdays per household yearly. They moreover requested a devoted package deal for sectors requiring substantial labour, together with agriculture, plantation, beedi and fisheries.
The group sought implementation of the eighth Pay Commission, tax exemption up to Rs 10 lakh, and most popular OPS over NPS and UPS.
Additional proposals included doubling the gratuity calculation interval to 30 days per 12 months from 15 days and eradicating tax obligations for pensioners.
Laghu Udyog Bharati: The group representing small and medium enterprises requested sooner GST refund processing, introduction of an amnesty program for minor GST submitting errors, and GST fee changes.
Bhartiya Kisan Sangh: The agricultural group sought GST exemption on farming inputs and periodic will increase in PM Kisan Nidhi. BKS moreover requested direct fertilizer subsidy transfers to farmers’ accounts.
Swadeshi Jagran Manch: The RSS’s financial division, represented by Ashwini Mahajan, highlighted considerations about commerce imbalance with China and advocated for complete manufacturing insurance policies, together with tariffs and commerce measures to help home manufacturing.