The common man will have to pay Agri Infra cess on the fuel and he will be further burdened. There will be a cess of Rs 2.5 on petrol and Rs 4 on the diesel it is reported.
The salaried class is also unhappy with the budget as the tax slabs have not been raised. They were expecting a rise in the slabs this year as there was no proper earning due to Corona.
The salaries are not rising for the common man. The incomes have come down and the taxes slabs remained the same. There was an expectation that the fuel rates would come down but the rates are bound to rise.
The fuel rise will have a cascading effect on all the essential commodities. This will overburden the life of common man in every aspect. It is like a shock for the common man.
The markets have rallied with the Budget, but the common man is not at all happy with the Budget. There are no major take aways for the common man in the budget.
The Government is supposed to focus on the MSP for the farmers but it has to be seen in the long run. Sitharam Yechuri the CPM General secretary said that the budget gives relief to corporates. It is looting from the common man he opined.
The National assets are trying to sell properties of the people he opined. The Governments come and go and they are just managers. How can they sell he questioned.
Here the rich getter richer and the poor get poorer. The Budget has no merits and a disastrous one for the people of India.
