Over the past week, many YouTubers and Redditor’s have been saying that the budget is very bad for the middle class. But don't listen to them. If you think logically and understand economics, you'll see the budget is actually very good. Let me explain the criticisms and my replies:

■ Tax Rates: People are upset because the budget didn't cut tax rates and increased capital gains tax. But for our economy to be stable, we need to manage our finances well. Reducing the fiscal deficit from 5.1% to 4.9% is a big achievement. We're still spending a lot on things like infrastructure and agriculture, which helps the economy grow. To keep our finances in check, we need tax revenue. Having the same tax rate for all capital assets (stocks, real estate) makes things simpler. You only pay capital gains tax if you make a profit.

■ Government Revenue: In a capitalist society, the government earns money through taxes and uses it to help the poor. To do this, the government needs tax revenue. Some people are unhappy about the increased Securities Transaction Tax (STT). But if many people are trading stocks frequently, it's okay to have some tax on that. The revenue from STT helps fund social welfare and build infrastructure.

■ Stimulating Consumption: Some say the budget didn't give people money to spend and boost the economy. But when the economy is doing well, we don't need to put extra money in people's hands because it can cause inflation. India's low inflation over the past 10 years is a big advantage. Managing inflation and being careful with our finances are key to economic stability. If we keep this up, India will continue to grow sustainably.

■ Structural Reforms: Yes, the government is making long-term improvements. Every decision in the past 10 years aims to bring long-term benefits. We want infrastructure like the US and China, but it takes time. We are investing in skills, education, technology, jobs, and infrastructure. We're ensuring the banking system is stable and wealth reaches the poorest.

■ Populist Budgets: The budget was not designed to be popular and that's good. Populist budgets may make people happy for a short time, but they don't help the economy in the long run. The current government's decisions focus on long-term benefits and sustainable growth.

So, think logically. People need to understand that without a government like the current one, things would be much worse. Structural reforms are happening, and the budget is designed for long-term gains, not short-term popularity. Please try to make your own opinion, read articles and stay informed by yourself, not by watching others videos. Rest you all are intelligent enough.