India�s budget offers tax relief amid slow economic growth - Kostenloses Hörbuch

India�s budget offers tax relief amid slow economic growth - Kostenloses Hörbuch

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Taxpayers in India will get some relief now that the government has vowed to spend billions to double farmers’ incomes and upgrade infrastructure, health care and industry to boost the country’s lowest economic growth in a decade. Taxpayers in India will get some relief now that the government has vowed to spend billions to double farmers’ incomes and upgrade infrastructure, health care and industry to boost the country’s lowest economic growth in a decade.India's Finance Minister presented the budget to Parliament saying the government plans to spend $39.8 billion for agriculture and allied activities, $9.9 billion for health, and $628.6 million to combat worsening air pollution in the country.Income tax will be lowered by 5-10% for people earning above $7,140 a year. Those those earning less will pay no tax.The Press Trust of India news agency said the minister cut short her speech in Parliament because she felt unwell after speaking for more than two hours, the longest budget speech by an Indian finance minister.

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