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Discussion on Budget 2008-09!!

Admin (CCI Team) (12870 Points)

29 February 2008

Neutral Budget .. Populist Budget.. Loved it .. Hated it .. Make yourself heard.

Let us discuss Budget 08-09

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ADmin
Knowledge is Power

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76 Replies

Rajesh Bajaj (433 Points)
Replied 29 February 2008

yes it is good for individual , up to 150000 no tax

Satya Narain Gupta (CA final student) (496 Points)
Replied 29 February 2008

Mr. P.Chidamberam made the budget in the direction what Govt have to do.

kaushal (w) (545 Points)
Replied 29 February 2008

Neutral Budget more bending towards populism rather than growth

STCG increment and allowing STT as deduction
as per me should be opposite

Rakesh (Asst Manager) (209 Points)
Replied 29 February 2008

ITs very good budget for Common man and specially middle class man that what i feel

Ritesh.D.jain (CA Job) (232 Points)
Replied 29 February 2008

Good budget, but gov. eyes are on next election

CA Hemant T Dewani (Chartered Accountant) (3356 Points)
Replied 29 February 2008

Good budget for individul but what about election they want chair in assembly in next election last four years FM was sleeped and he wake up and gives some rewards to citizens just like carrots

(Guest)

Right budget at the right time. Basic necessities are given prime consideration which it was desired. Budget may not be good for foreing investors but this budget will strenghthen the country

Srinivas Sharma KN (Tax Consultant) (292 Points)
Replied 29 February 2008

Nice budget. He could have addressed preponement of IT return due date. Benificial to personal income tax payers.

Deepak Maithani (CA STUDENT) (445 Points)
Replied 29 February 2008

Great....nice budget

Rajesh Bajaj (433 Points)
Replied 29 February 2008

Don't see the Budget in political view if you do you can't see the good things

(Guest)

What is Packaged softwares, on what ED has been raised?

CA. BIJENDER KR. BANSAL (ACA, B.COM) (8143 Points)
Replied 29 February 2008

GOOD FOR SALARIED CLASS PERSON.

Kaustuv (Practicing CA) (1773 Points)
Replied 29 February 2008

This has been a very good budget .. excise duty cut, much more spending on education, tax slabs revision, BCTT abolishment, reducing scope of FBT etc. will do good.. 60000 cr. loan write-off is a political move but really very bold step.. at this stage of Indian economy we can afford it..

S.Srinivasaraghavan (Chief Financial Officer and Co) (11318 Points)
Replied 29 February 2008

An antcipated populist budget (write off of farm loans and raising of basic non-taxble limit) before elections next year. Therefore no surprises.

The FM is banking on tax collection improvement to realise his proposals to succeed.

The excise duty reductions may give a fillip to otherwise slowing down economy.