Budget for the next financial year is tilted towards populism. There is no stated policy on divestment in public sector banks which should now be a priority for government after mounting NPAs and frauds.
Why is income from share market even after one yr subjected to 10 percent tax
Will govt support with 10 percent gift of investment lost if share market investment incurs massive loss…..
ARE THEY PROMOTING INVESTMENT ….OR STILL PROMOTING PARALLEL BLACK ECONOMY
WHAT IS THE VISION OR TOTAL VISION LOSS..????
Health insurance policy announced by the finance minister is being dubbed as Modicare. In National Health Scheme of UK, people visit medical practitioners free of cost and there are no out of pocked expenses.
Only increasing minimum support prices for farmers will not work. Government should work on bringing down the cost of inputs so that agri business becomes viable and rewarding.
Our spending on health and education is nothing when compared to developed economies. Without access to good healthcare and education can you expect India to become an advanced economy?
By introducing long term capital gains on shares government has shown that it will not allow upper middle class to corner benefits just by holding equity for a longer time. This is a commendable move.
Arun Jaitley came with a promise of fiscal consolidation. Now when elections are due in 2019, they have not only breached the target for 2017-18, they have also set a higher target for 2018-19.
The hidden aspect of budget is that revenue deficit has increased beyond feasible limits. Fiscal deficit is already high and with high revenue deficit, government seems confused on how they will get revenues.
Allocation to scheduled castes and tribes has increased by some percentage points which shows that this government is careful towards inclusive development and is not only working for middle class.
Economic Survey prepared by chief economic adviser and Budget 2018 prepared by Jaitley are in contrast. Economic survey says we are moving to becoming fastest economy, while in Budget our fiscal deficit is increasing.
This last full budget by Modi government is balanced, yet somewhat inclined towards appeasing the voters. There is no long-term view on how government works will be funded without borrowing.
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Budget for the next financial year is tilted towards populism. There is no stated policy on divestment in public sector banks which should now be a priority for government after mounting NPAs and frauds.
Why is income from share market even after one yr subjected to 10 percent tax
Will govt support with 10 percent gift of investment lost if share market investment incurs massive loss…..
ARE THEY PROMOTING INVESTMENT ….OR STILL PROMOTING PARALLEL BLACK ECONOMY
WHAT IS THE VISION OR TOTAL VISION LOSS..????
Health insurance policy announced by the finance minister is being dubbed as Modicare. In National Health Scheme of UK, people visit medical practitioners free of cost and there are no out of pocked expenses.
Only increasing minimum support prices for farmers will not work. Government should work on bringing down the cost of inputs so that agri business becomes viable and rewarding.
Our spending on health and education is nothing when compared to developed economies. Without access to good healthcare and education can you expect India to become an advanced economy?
By introducing long term capital gains on shares government has shown that it will not allow upper middle class to corner benefits just by holding equity for a longer time. This is a commendable move.
Arun Jaitley came with a promise of fiscal consolidation. Now when elections are due in 2019, they have not only breached the target for 2017-18, they have also set a higher target for 2018-19.
The hidden aspect of budget is that revenue deficit has increased beyond feasible limits. Fiscal deficit is already high and with high revenue deficit, government seems confused on how they will get revenues.
Allocation to scheduled castes and tribes has increased by some percentage points which shows that this government is careful towards inclusive development and is not only working for middle class.
Economic Survey prepared by chief economic adviser and Budget 2018 prepared by Jaitley are in contrast. Economic survey says we are moving to becoming fastest economy, while in Budget our fiscal deficit is increasing.
This last full budget by Modi government is balanced, yet somewhat inclined towards appeasing the voters. There is no long-term view on how government works will be funded without borrowing.
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