Sunday 1 March 2015

BUDGET

BUDGET
The budget presented in Parliament, is really a dream budget; there is not an iota of truth in it.
Statistics show that growth is less than one percent. In spite of all rhetoric by ebullient Modi, no company has come forward to invest in India. The world is witnessing decreasing demand. The educated unemployed people are not likely to get work. How can local demand go up, when people do not get wages?
The only solution is, to invest heavily in infrastructure projects. This not listed in the budget. Income from the wealthy men has been reduced. The proposal to sell out public sector  assets, is selling India to outsiders.
TAX ARREARS

The law must be amended. Tax assessed by the department, must be deposited without demur. Afterwards, if it is found to be unjust, the same can be refunded or adjusted. This way arrears will disappear.

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