Comments on : Outcome Budget 2012-13

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BAMAN CHARAN MANTRY

Wrote on 27 March 2012

Dear Sir, Please send me Odisha VAT, Excise & Service Tax with CST Rule in 2012 Budget.

The budget is without direction. The only direction that I see is that it has aimed for harsh decisions for curbing inflation. Raising taxes, not lowering interest rates, not encouraging investments all point towards taking away the extra cash in the system till the demand tinkers to the bottom. This will lower demand and hence prices. Oil price is something that no government has any control. The short term trends shall be inflationery

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