This year's budget [#Budget2021] is going to be very interesting. It's going to be a difficult balancing act. 1. Common man has lost his job in some cases, while others have not got the usual yearly increment. So FM can't tax the salaried. If FM raises tax, his expenditure will take a hit and economic growth will be sacrificed.
2. One view was introduce tax on agricultural income, above say Rs 10 Lakh, which is tax free now. But this will further agitate the farmers, w