The Union Budget has been prepared keeping in mind every section of society Keshav Prasad
Deputy Chief Minister Shri Keshav Prasad Maurya attended a traders' conference today at the Visvesvaraya Auditorium, focusing on the positive provisions of the 2026-27 budget. Responding positively to key suggestions from the traders, the Deputy Chief Minister stated that the government would seriously consider suggestions such as simplifying GST, bringing petroleum and electricity under the GST ambit, ensuring stability in tax slabs, strengthening credit access, increasing traders' participation in skill development, and extending the benefits of digital infrastructure to small traders.
Present on the occasion were Hon'ble MLA Shri Pankaj Singh, Metropolitan President Shri Anand Dwivedi, Metropolitan Vice President Shri Ghanshyam Agarwal, State Convenor of the Trade Cell Shri Vineet Agarwal, and other senior dignitaries.
Highlighting the key positive aspects of the budget, he explained that the allocation of ₹10,000 crore for the SME Growth Fund and an increase of ₹2,000 crore in the 'Atmanirbhar Bharat Fund' would provide support to MSMEs and small traders and alleviate their liquidity problems. He said, "This budget is not merely an account of figures, but a roadmap to honor the hard work of traders in the direction of a 'Developed India'. Moving forward with policy stability and simplified processes, India will soon become the world's third-largest economy."
Referring to the relief in MAT, Shri Maurya said that reducing the Minimum Alternate Tax from 15% to 14% and treating it as the final tax would provide significant relief to medium-sized traders and companies. The capital expenditure of ₹12.2 lakh crore will strengthen infrastructure, reduce logistics costs, and the Surat-Dankuni freight corridor and 20 new waterways will make the movement of goods faster and cheaper. Additionally, removing the ₹10 lakh limit for courier exports will open the doors to the global market for e-commerce and small exporters.
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