FM has failed to fulfil the expectations such as - Simlifiation of FBT - Abolition of CST or reduction in CST rate to 2% - Reduction in General rate of Excise duty from 16% to 12%.
The FM has done the followings which was not to be done, such as
- Increase in Service tax rate to 12% - Gender base budet - Increase in STT
This budget shows the Governments lack of interest in the future of upcoming sports persons and infrastucture facilities inthe country's metro cities and there are no new big ventures or assurances to the business people also, this is purely nothing but old wine in the new pot.
With great honour ,I would like to put up some ( Frustrated ) Remarks.
My one line Question --------------
How many common man / Women ( Non VIPs) , you have met for suggetions ?
You must have met FII / FICCI and Industrialists / Ministers / MPs / MLAs on budget issue. All VIPs of India , Whose next 10 generations have been guaraneed for their levish life style.
How many people understand your high profile / Generic statement in India and even in Parliament.
Majority of population of india may not remember how many Zeros are there in 0ne Crore. You only read crores in Budgets.
With 50 or more Budgets, Conditions have not improved India because it is made for " Not Common Men".
Have you ever or any FM has presented " What has been achived from last budget". How much have you spent on a particular area and what has been the %age of success since inception.
RE:Budget for Whom?
by Hridyesh K Gupta on Mar 01, 2006 02:49 PM
Hi, Abhinav Kumar, I appreciate your concern. Right from begining all budgets are for non common man. Mr. FM is trying to get hold on black economy but he forget that the common man has a limited amount of white money in which he has manage as well as maintain his own economy. Where as the roots of black economy starts from politics.
