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Industry & Economy - Budget
Pleasing common man

It is a good budget pleasing common man. Increasing basic exemption limit to

Rs 2,25,000 will certainly help senior citizens; the medical insurance exemption is also welcomed. But the senior citizens would have been happier if the Finance Minister has reduced the age limit from 65 to lower say 62 or 63. The Railways already co nsider those who crossed 60 years age as senior citizen. Only a very few senior citizens earn more income after 65. And with age, their medical expenses increase. Recently medical insurers have doubled the premium. I hope some thing will be done to reduce the age limit of senior citizens before the Finance Bill is finally passed.

V. Veeraswami, Retired bank employee.

More Stories on : Budget | General Insurance | Health

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Stories in this Section
Job fairs to be held in Hanamkonda, Hyderabad


Budget 2008: Lagging behind M&A appetite
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CII poll: CEOs rate Budget as people-oriented
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Extending employment programme
Lacklustre Budget
A move backward
No economic theory
Aggregation merits reconsideration
Poorest of the poor ignored
Coir Board hails I-T exemption
Incentives for prompt loan repayments suggested
Pleasing common man
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Fantastic
Big relief for salaried class
Drugmakers let down on absence of research incentives
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Mills body urges TNEB to ensure normality in supply
Tiruchi SSI body hails Budget
Applications invited for award
‘Nothing for SSIs’
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Scheme to recharge wells
Proposal on dividend tax: Coal India sees Rs 200-cr gain
VUDA auctions fetch Rs 190 cr
Gold may test resistance levels
Seminar on talent management
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Kerala to host ‘Responsible Tourism’ meet in Kochi

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