Monday, 7 July 2014

A Comment on Common man's expectations from Budget 2014

My Comment on an article "Common man's expectations from Budget 2014" published in the Economic Times Dated 07/07/2014 at 3:30 pm.

"Too much is being expected by the author on our part. We can be grateful to him for this. But we should see reality also. 

Demanding too much is being irresponsible to our country's growth. We are already experiencing deficit budgets since time immemorable. Why burden yet with more demands?

We can ask for raising the deductible limit under section 80C to Rs.two lacs. That can be reasonable. Not more. 

And one thing that can be considered is to tax the affluent people with higher rates and utilise that money for development works for the benefit of common man."

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