Summary:
Local industry leaders termed the budget announcements made by Union Minister Piyush Goyal on Friday as pro-farmers and pro-middle class. Exemption of income tax for income of up to Rs5 lakh will boost personal spending. Previous promise to double farmers' income is nothing but a jumla as there are no proposals in the Budget to realise it. The government has thanked the honest taxpayers by announcing income tax rebate. The annual income support will benefit 36 lakh farmers in Gujarat..