Reportedly, the Finance Ministry is all set to present this year’s Union Budget 2025 on February 1, 2025.
RSS-affiliated Organisations Presented Proposals
This holds a great significance as the middle class is looking at the Narendra Modi government to provide income tax relief like every year.
It appears that the RSS-affiliated organisations have presented various proposals during pre-budget discussions with Finance Minister Nirmala Sitharaman.
Raising Income Tax Exemption Limit & Much More
This proposal includes raising tax-free/tax exempt income threshold to Rs 10 lakh, implementing an agriculture-specific package, extending MGNREGA work days to 200, quickening GST refunds, and establishing a thorough manufacturing strategy to address Chinese imports.
On Monday, Bhartiya Mazdoor Sangh’s (BMS) representatives, Pawan Kumar, presented their recommendations to FM Sitharaman.
BMS seems to have advocated for extending MGNREGA to ensure 200 workdays per family annually, as per the media report.
In addition to this they have requested a dedicated package for sectors requiring substantial labour such as agriculture, plantation, beedi and fisheries.
Their organisation is looking for the implementation of the 8th Pay Commission, tax exemption up to Rs 10 lakh, and preferred OPS over NPS and UPS.
Besides this the proposals talks about doubling the gratuity calculation period to 30 days per year from the existing 15 days and also removing tax obligations for pensioners.
As we know that that Laghu Udyog Bharati
organizations representing small and medium enterprises.
They have requested faster GST refund processing, introduction of an amnesty programme for minor GST filing errors, and GST rate adjustments.
Bhartiya Kisan Sangh is the agricultural group that sought GST exemption on farming inputs and periodic increases in PM Kisan Nidhi.
In addition to this BKS also requested direct fertiliser subsidy transfers to farmers’ accounts.
Swadeshi Jagran Manch also known as the RSS’s economic division is represented by Ashwini Mahajan.
This group has highlighted concerns about trade imbalance with China and advocated for comprehensive manufacturing policies, including tariffs and trade measures to support domestic production.
