Not so friendly for the middle income group. Definitely this budget hasn’t pleased who eagerly waited for..
1.5L tax exemption is extended by a meager 10000.(-ve), earn less, save less!!
10% Surchage cut for income above 10L (+ve) earn more, save more!!
Doubled custom duty on Gold and Silver bars(-ve)
Branded jewelery exempted from excise duty(+ve)
Excise duty cuts on LCD TVs, BIG Cars (+ve) etc.,
Was is not more +ves for riches comparitively?
Or is the govt trying to push the common man to spend more?
Come on India!!! empty the wallets if it is already not!!!
Good signs:More money for Infrastructure,Power, Agriculture, Rural housing, Banking, Education etc.,
Hey, common man!! either try to get rich or try to Stay Alive!!!!!!