I am happy that a thread about the budget presented today is raised. We are not experts in the field of economy. Only after the experts' analyse it, we can understand about the budget. For the common man, the income tax slab is important but there is nothing in that aspect. Senior citizens above 75 years are exempted from filing the income tax returns provided they have only pension and interest from deposits as their sole income. Cess is levied on some items. This income goes to Central Government and the State Governments do not get anything.
" Be Good and Do Good "