If you subscribed to my blog before Saturday (Or Friday depending on your time zone) I sent an email asking your views on Indian Union Budget and I got variety of response. So here is a composition of yours and other fellow reader’s views. If you do not see your response in the list below this means your views were same or similar to some other reader who was quick enough to give views quicker. I have my own views as well in italics below each of them
Brij Kumar Singh
Nothing new in this budget. I can sum up” A budget of the Babus, by the Babus and for the Babus”. It is a govt in the name of AAM AADMI for the politicians & Babus and by them.
We talk a lot about common man but let me have one thing in this budget for the common man.
I don’t agree with you on this and I think Tax Rebate of increasing the slab upto 5 lacs is good for the common man. This may be steps towards New Direct Tax Code.
Short term :- Rise in food & other inflation
Long term :- Promotion to agriculture by Finance minister will increase the agriculture output ultimately will increase the purchasing power of the masses & economy will grow as per set targets.
Its Ok types.
As our FM is claiming to beat China Economy its obvious to increase the duties and all.
It would give a surge to corporates……
hi 2 all i m priyanka singh doing MBA in finance& HR as we get surprises every year about the budget what i think people starts to learn some home management tactics so that they use only limited glossry items and avoid wastage thus when the demand for expensive products become less from customers side automatically company have to think abut reducing the prise of there products to finish there stocks as there demand from the side of customers become low…and people start using bicycles again to go anywhere thus there health is also maintain n some savings on petrol will be possible there may b possibilty of growing market of battery bikes n scooty as the rate of petrol grows…and as the budget gives us an huge benifit of reducing the prises of childrens toys n games items we start giving gifts of toys n games in very occations to one another…….
Nice idea to kill the demand but I don’t think this will work because demand is something which is always growing for us.
As a retired employee I had hoped that the tax exemption limit would be raised a little higher. The rising of upper limit of the first slab from three lakhs to five lakhs will not help marginal tax payers like me who will be still in the tax net. The reintroduction of the Infra structure bonds is a good idea and I am of opinion that exemption limit should be raised further even if corresponding reduction is made for exemptions under 80c etc as this is the prime area where investments in large scale is a must.
it is certainly an inflationary budget. today’s growth potential will be eaten up in the near future.
Our budget is not good because if u r incresing petrol’s prices then everything will be costly
Abdul Ofoor A
thanks 4 d mail. i think it is a good budget. Because, the national income level will increase without hurting the people directly.. the hike in petrol and diesel will also prevent the usage of these. 🙂
Nice and contrasting views of Abdul Ofoor A and Pankaj Shrimal on same things.
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