Major Tax Relief and Healthcare Boost for the Middle Class: MLA Dr. Bharath Shetty lauded the budget

Surathkal: In a significant move benefiting the middle class, the Narendra Modi-led central government has extended the income tax exemption limit to ₹12 lakh. This decision is being hailed as a major financial relief, allowing citizens to save more and enhance their purchasing power. Experts believe this will stimulate economic activity by boosting trade and commerce, ultimately strengthening the country’s financial ecosystem. The announcement has been particularly well-received by the lower and middle-income groups, who are considered the backbone of the nation.

Additionally, the government has announced a substantial reduction in taxes on essential life-saving medicines, making healthcare more affordable for the common man. The budget also emphasizes key sectors like agriculture, education, small-scale industries, and research & skill development, ensuring a robust foundation for India's future workforce. MLA Dr. Bharath Shetty Y. lauded the budget, calling it a forward-thinking and development-oriented plan that empowers youth and strengthens the nation's economic resilience.