<h1>2017 Budget: Tax Cuts for Middle Class, Boost for MSMEs, Focus on Digital Economy and Political Transparency.</h1> The 2017 budget focuses on stimulating economic growth, providing relief to the middle class, promoting affordable housing, curbing black money, and enhancing digital economy and political funding transparency. Key measures include reducing income tax for individuals earning Rs. 2.5 to Rs. 5 lakh from 10% to 5%, imposing a 10% surcharge on incomes between Rs. 50 lakh and Rs. 1 crore, and reducing corporate tax for MSMEs to 25%. The budget also outlines efforts to expand the tax base, incentivize digital transactions, and promote Make in India by adjusting customs duties on various items. Additionally, it introduces measures to increase transparency in political donations and improve tax administration.