Middle class unhappy, they need tax cuts: Mohandas Pai on Budget

Padma Shri awardee Mohandas Pai said the upcoming Budget needs to "placate the middle class". "Middle class all over the country is...unhappy as they are paying the majority of taxes [but] they're not getting any tax reduction," he stated. "They need to see reduction...[and] not the silly thing...of having 5-7 slabs and giving breaks for housing," he added.