Your opinion on 2011-12 BUDGET ?

No Comments...Lets hope for the best....

ye petrol and onions ka kuch karo minister ji....

hope they do something in this regard....or else we will have to wait for elections then only they will decrease the prices for a few months to fill their vote banks....think we are fools to fall into the trap...

I dont think a common man gets benefitted much. Because the politicians doesnot aim a common man but they will aim at companies, certain sectors of people etc. I PLEAD THEM TO USE PUBLIC MONEY FOR PUBLIC USE INSTEAD OF FILLING THEIR POCKETS. All this budgets are just for sake of budgets. GOD KNOWS THE TRUTH. I dont know when India will shine like SUN

- By a common middle class man  

I THINK EVERYONE WILL FORGET ABOUT BUDGET AND WATCH CRICKET.

hmmm..lets c wats gonna happen..

I think budget should evaluate inflation and it should be in the manner to decrease prices.

After budget speech; I wrote at caclub that government is more interested to show growing GDP which can be easily managed with the help of increase in  inflation. The reason of showing good GDP numbers is because the government wanted to show to the rest of the world that India is growing when rest of the world is facing troubles to manage their economy !

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In one of newspaper; I commented the same as above. But the another person was having more faith on Pranabda.  I further replied that all things are not in control of him -  there is a team who prepares budget. Advisors draft the budget with all the estimates inbuilt therein hence it is almost not possible for the FM to change it.

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Now Congress knows very well that in next elections  it will not come back hence I don't think it  would be more interested to make happy common man.

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One thing is almost sure : it will make fool to the public again by increasing limit of Income-Tax which will never help poor public to increase its income. 

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First they allowed banks to give Home Loan at the cheapest possible rates to attract more and more customers for 15-20 years. The rate was 7.5% p.a. which is now 10.5% which means a whopping 40% increase in interest rates for 10-15 years who got sanctioned the loan recently. 

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JAGO PUBLIC JAGO. 

Please note : 

The first para of above post is with reference to the last year's budget. 

1) To do something to bring back the Black money  from abroad by introducing some tax to the undisclosed income & wealth.

2) No Long term or short term capital gain tax on sale of real estate ie resdential or commercial plots/flats, but marginaly increase the stamp duty tax on registration of property.

We seeing the budgets since our memories. They really are not bothers for common man ‘s problems. Banks are doing business @ higher margins & margins are distributing to Farmers by way of waiver of Loans. Neither real poor farmer are benefiting nor young generation getting cheaper loans without collateral from banks. Govt should seek to liberalize the lending policies for self employment or SME, MSME sectors to boost employment opportunities.

Governments have declared somany schemes for new entrepreneur to establish Micro or Small industries but no one schemes are getting implementing. There is no implementing or reviewing authority of declared schemes or plans or projects.

Firstly before presentation of the budget in parliament, the opposition should ask implementation data and should get verify on ground level. If yet to implements should ask for postponement of this budget.