Common man's budget !

by Shanthanu Bhattachaarya    February 25, 2010

Today (26th February) the Indian Finance Minister Mr. Pranab Mukherjee is going to announce Union Budget 2010-11.People of India want to know what measures will be taken up to control high inflation rate Ordinary people of India are worried about rising prices of essential commodities.Pranab Mukherjee is likely to increase exemption limit of income taxes to Rs 3 lakh ( $ 64,747.2) from Rs1.60 lakh ($3,453) .for salaried people Exemption limit for women is expected to be increased from 1.80 lakh ($3,884.83) to 4 lakh ($86,329.6 )and for senior citizen from Rs 2 ($43,164.8) lakh to 5 lakh ($107,912). According to experts,agriculture sector is likely to receive tremendous boost from the finance ministry.

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