Budget 2021: Who won and who lost in today's budget, know key points

Finance Minister Nirmala Sitharaman presented the budget for 2021-22. Sitharaman was faced with the challenge of increasing the government's revenue in the face of the Corona crisis and declining revenue due to the lockdown.

The focus was on how Sitharaman would help the economy recovering from the Corona crisis. He faced the double challenge of relieving the Corona's financial woes while raising revenue.

This year's budget has helped some key sectors to decide who is happy and who is unhappy but the middle class, the employees, are shocked.

The health sector will benefit the most from this year's budget. The finance minister has announced Rs 2.38 lakh crore. In the previous budget, there was a provision of Rs 94,000 crore for the health sector. Now it has directly increased by 135 per cent.

Senior citizens have been relieved by the budget. Those over 75 will no longer have to pay any taxes. No tax will be levied on their pension.

The budget has announced 74 per cent foreign direct investment in the insurance sector. Earlier, the limit was 49 per cent.

A separate company will be set up to recover the bad debts of the banks. This is expected to bring relief to the banking sector.

There is not much in the hands of the employees from this year's budget. The tax ceiling was expected to be raised under 80C. The tax-free income limit was expected to be raised. But none of this happened.

The general public has not received anything from this year's budget. On the contrary, due to the imposition of customs duty and surcharge on many items, other products including mobiles will become more expensive.

It was expected that there would be some special announcements for women. But she was also a fool. Women are completely ignored in the budget.