Budget 2018 Explained

19 views · Published 1 February 2018 · 7:02 · Indexed 25 October 2026

Channel: Dilip Thakur · 2018 · Education

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In this year's budget, government has focussed three key areas. It has tried to appease the poor class household by extending the health benefits to ten crores family in the form of insurance cover of five lakh per family. Similarly, the farmers have been given the bonanza of one and half times the minimum support price of their crops. Unfortunately, for the working class there is no relief from the tax limit point of view. It has given the standard deduction of 4000 but taken away the tax rebate given so far in medical allowance and travel expenses.

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