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Posted By: Vishal
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Mumbai
| Mar 08, 2010 09:22 PM
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No Doubt we have benefited much from new IT slabs....but believe me its gonna being shelled out from our [pockets thru different route....
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Posted By: KAUSHIK GUIN
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KOLKATA
| Mar 03, 2010 01:20 PM
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SENSEX WILL TOUCH 20000
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Posted By: k.mohan
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secunderabad
| Feb 27, 2010 06:03 PM
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Banking cannot be open to private sector. We have not learned from U.S. melt down. In A.P.alone , many private banks closed..........Charminar Bank...The great Global Trust Bank....to name a few.......the middle class lost money......kindly understand.......many middle class people commited suicide after the banks collepsed.....i am afraid history may repeat....
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Posted By: Nitin sharma
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Mumbai
| Feb 27, 2010 05:30 PM
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No expectation from Congress. It is history repeating itself. They have always worked in the interest of Rich and elite group.
Now the price of property will increase in another 3 years
business will make huge profits.
So if you want to have your share invest in share market in companies who will make huge profits and you will get your share of dividend and high stock price.
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Posted By: Ritesh
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chennai
| Feb 26, 2010 10:44 AM
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please increase exemption limit for income tax.
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Posted By: Suman
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Baroda
| Feb 26, 2010 09:51 AM
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Reduce service tax to 5% & remove VAT.
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Posted By: stileslesl
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stileslesl
| Feb 26, 2010 07:42 AM
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relatively policymakers heat northern simulations radiative levels
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Posted By: Uma MageshWaran
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Chennai
| Feb 26, 2010 05:56 AM
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basically disagree with the fundamental premise that there should be accelerated withdrawal of the stimulus. Things are still very uncertain at the global level. So, I think the withdrawal should be gradual.
The big problem really is the financing of the budget. The bond market, in fact, is very concerned about the liquidity situation. From what the RBI has said the net government borrowing this year will be the same as last year, and the gross borrowings because of the redemptions will be much larger this year.
The market simply cannot take that amount (necessitated by the existing fiscal deficit) of bond issuance and we don’t have formats like open market operations.
So the financing of the budget might sort of force the government to take certain decisions that perhaps are not necessarily the best for the economy. I would rather that they went in for a very gradual withdrawal of stimulus, and get the RBI to help in financing. I think this is a strategy that a lot of central banks are still committed to. Like in the US, where they had initially said that they would withdraw the monetization programme, they have kept the options open. Bank of England is doing the same thing. I don’t think we should fall into the trap of decoupling our policies from the G7 world and rebonding with a sort of emerged market strategy.
Gud Luck to Finance Minister...
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Posted By: Uma MageshWaran
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Chennai
| Feb 26, 2010 05:53 AM
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>VAT should be increase to gain more Tax Revenues,
>Continuing Stimulus for Sectors like Textiles, exports etc,
>Keen on Double Digit Inflation by Increasing key rates to control Money Supply,
>The 5.5 per cent fiscal deficit will essentially be through disinvestment,
>More & more Funds to Agricultural and Irrigation sectors,
>No more income Tax changes,
I>ncrease in Corporate Tax in Profitable Sectors to curb revenue Deficit,
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Posted By: mehul
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surat
| Feb 25, 2010 02:30 PM
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budget must be people friendly the main focus should be on taxes as inflation is at life time high there must be some releif to common man and taxes should not be burden to the pocket of citizens. Long term capital gains should be abolished there must be some hope to the investors as they have seem some of the worst times in their lives.
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