Excellent Budget for startups and smes
Local Circles startup and sme members should be very happy. Angel Tax issues have been solved and even there is action on sme payments. Attached is Budget summary. more
A big hope was from salaried class and that was there must be only 5% slab for the income from 5lacs to 10lacs.
Because it is really a problem for those who has income even one Rs. greater than 5lacs he/she has to pay 10% direct tax which is really not good decision. more
The budget requires effective follow ups in several areas.
The outcome budget will give the flavor of actual achievements. more
Success of Budgets depend on making use of its Provisions. Citizens to raise to draw the Fruits more
increasing the petrol and diesel rates always has a cascading effect on all sectors and should not have been done.Again the opec may increase the rates then the burden will be more for the common person. more
Electrical Vehicle becoming cheaper is a welcome decision in the budget. Most of the Indian cities are polluted, and the government supporting E-Vehicles is a environmentally friendly decision. Increase in the cost of Petrol shall have a cascading effect on the prices of all the essential commodities, affecting the poor in the India most. more
Since Central plan is District based for many, States to compensate from their part on OIL Taxes. more