Tuesday, July 7, 2009

Mixed Bag.....!!!

Union finance minister Pranab Mukherjee's Budget rightly puts emphasis on the agriculture and infrastucture sectors, which alone can generate large-scale employment. Indirect taxes have been rationalised and income-tax slabs have been raised. Also, the 10 per cent surchage on individuals has been dropped, giving some relief to middle class taxpayers. This is an "inclusive Budget", giving some relief to every segment without losing much revenue.

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