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Good, bad revenue

The first budget of UPA-II will be presented on July 6, and Finance Minister Pranab Mukherjee will have to walk a tightrope when it comes to the decision between increasing expenditure and reducing it. Cutting taxes may be desirable from the point of view of pushing demand but not if he worries  ....Read more

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3 Comments |
Some good taxes should also reduceBy: abhas | Monday , 29 Jun '09 0:55:35 AM Reply | Forward The editor argues that 'bad taxes' explained must be reduced or be stopped in the upcomming budget speech. There are other areas that should be taken into consideration not mentioned above.The tax levied on petrol/diesel prices should be considered. More than 50% of the price of these fuels consists of taxes levied by state
india budget - 2009By: suresh kumar | Sunday , 28 Jun '09 10:46:22 AM Reply | Forward You have outlined the important issues pertaining to economy and corporates. however, do not touch matters concerning middle and lower class citizens, farmers and employees at all. such an approach is not justified. kindly ensure all round coverage in your future editorials.
BudgetBy: Amol Deshpande | Saturday , 27 Jun '09 20:05:01 PM Reply | Forward FBT must go. It is retrogative for Corporates. Also, Government must reduce its non planned expenditure. Fiscal decipline needs to be implemented.Its high time.
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