Senior Citizen Post office now at 9% must have been increased to 10% at par with other banks.
Savings exmepted upto one Lakh shol hdave icnrased to 1.50 lakhs. Those who show more income, must have enjoyed more savings....This way people would shoul show more and correct in come to avail more savings..
Current budget proves to be more better for SSIs which boosts indian dream of becoming manufacturing giant for stabilising the economy which got paralized by IT.
Mr Chidam will concentrate only in Upper Class people like Amabines and Tata's. They forgot 90% of poor people. Just he do gimmics that GDP is growing. but He forgot the inflation and PPP. Everything over valued from Real estate to Shares. Today they see the kick backs from Panjab and Utranjal elections and too in the stock market. Mr. Chidam is best for Ministry of Statistics and not for Ministry of Finance. He is the minister of dream and follower of our President.
It is not understood how one donot become a senior citizen at 60 yrs under IT rules when he becomes a sr citizen in Railway as well as in the eyes of society. Why in the existing rules there is no difference of exemption limit for sr citizen male and female.
Give Laloo additional charge of FM. Definitely he will give us a better budget & will prove prudent also. This PC should be thrown away at the earliest. Mid-term election expected soon.
FM has doled out Rs.1000(@Rs.80 p.m.) to the middle class reducing them to ...... Completely lackluster budget with no effort to widen the tax base thus by reducing the tax rate. On the contrary two lakh assesses are out the net...