According to the most recent news, the markets have approved the new budget. The important focus of this budget is tax reform, and the reorganization of tax rates was an important political message. The focus of the budget has very much been on corporate tax reduction as well as on the vulnerable, and the political message of this budget mostly focuses on the middle class of society. Amount of the budget of Rs 19,700 crore for the National Hydrogen Mission: Rs 8,000 crore is allocated for infusion in the credit guarantee scheme for MSMEs.
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