LET US NOT REDICULOUSLY BLAME THE GOVT WITHOUT MULLING OVER AND ABSORBING THE PRESENT GLOBAL SCENARIO... IN FACT, THERE IS NO POINT BLAMING THE GOVT THAT IT HAS SHOWN NO BENIFITS TO THE POOR AND DOWN TRODDEN... LET US NOT FORGOT THAT THIS SAME GOVT COMPLETELY WAIVED OFF THE FINANCIAL BURDENS OF THE FARMERS AND ALLOCATED LOT OF MONEY FOR IMPROVING EDUCATION AND MEDICAL SECTOR IN THE PREVIOUS UNION BUDGET.
WE CANT EXPECT THE SAME BENEFITS TO BE OFFERED EACH YEAR FOR THE SAME CUASE. THAT IS SHEER REDICULOUS.
AS ALL OF US KNOW THAT THE PRESENT GLOBAL CRISIS HAS DITCHED EVEN GREAT ECONOMICALLY STRONG COUNTRIES INTO GRAVE POSITION WE HAVE REACT TO THIS SCENARIO PROACTIVELY SO AS TO MITIGATE THE NAGATIVE IMPACT OF THE PRESENT GLOBAL FINANCIAL CALAMITY.
BESIDES, IF THE GOVT SHOWS ITS MISERNESS THIS YEAR IN OFFERING LOT OF UNPLANNED EXPENDITURES IT COULD MANAGE TO PUT BACK THE PRESENT ECONOMIC SLOWDOWN OF OUR COUNTRY ON THE DESIRABLE RIGHT TRACK OF 9% GROWTH PER ANNUM, IT WILL SURELY YIELD LOT OF IMCOME TO THE GOVT WHICH WILL BE PRODUCTIVELY UTILISED FOR THE CAUSE OF UPBRINGING OF THE POOR AND DOWNTRODDEN.
FAILING TO REACT IN SUCH MANNER WILL DEFINNITELY INTENSIFY THE ECONOMIC SLOWDOWN MORE, HIKE THE UMEMPLOYMENT RATE, REDUCE THE INDUSTIRAL GROWTH ....ETC...ETC.ETC... ALL UNFAVOURABLE CLOUDS WILL HANG OVER THE INDIAN ECONOMY AND WILL LEAVE OUR COUNTRY IN GRAVE DITCH....
Pranab Mukherjee has played a cruel joke on the aam admi by raising the I.T. exemption limit by a laughable amount of Rs. 10,000-15,000. Even assuming that everyone is a senior citizen and pays tax at maximum rate of 30%, the maximum relief amounts to Rs. 375 per month. Actually, 95% of the people will get relief of less than Rs. 200 per month.
We, the aam admi (read beggars) reject this kind of charity to us straightaway.
The money saved by him by not increasing these limits can be spent by him in releasing massive advertisements from public funds to extol the virtues of his Party and its President. This will earn him praise from the Party president.
this budget makes good plans for poor people but that money will be taken from middle class.. as pllitical funds have been given 100 % tax exemption so these parties will eat legally now.. and middle class will reach to the level of the poor !! Bludy congress... have been eating the country for more than 60yrs... lekin ab tak paet nahi bhara !!
this budget makes good plans for poor people but that money will be taken from middle class.. as pllitical funds have been given 100 % tax exemption so these parties will eat legally now.. and middle class will reach to the level of the poor !! Bludy congress... have been eating the country for more than 60yrs... lekin ab tak paet nahi bhara !!
a) No provision to curb rising inflation (CPI) b) No mention about disinvestments c) No mention about Indian money in foreign banks. d) No significant Tax exemption limit (only 10k) e) No measures to get tax-evaders under radar.
