1st Prospects - Corporates
Corporation tax reduced from 30% to 25%. it means Rs 90,000 to 1,00,000 cr back to corporate sector. it seems paid expenses which spent by corporate in 2014 election by corporates. Talked to increased disinvestment.
2nd Prospects - Common People
Disappointment instead to reduce burden he increased service tax, financial burden increased. No allocation for social development. only Rs 5000 cr allocated to MANREGA. he has not taken step to implementation of schemes. Increased Rs 50k in health insurance product & Rs 1.50 lakh in pension fund overall disappointment to common people.
3rd Prospects - Economy
Try to down fiscal deficit, it seems accelerate to manufacturing & service sector but doubt to increased employment as desirable. it may be boost up economy.
4th Prospects -Agricultural
No announcement for farmers while farmers facing challenges soil difficulty, weather irregularity, lacuna of agricultural technology. No allocation for Agricultural sector.
Not seems hope for common people. Indian economy is Agricultural leading economy but no ray of hope in this Budget.
Corporate favored budget -------
Corporation tax reduced from 30% to 25%. it means Rs 90,000 to 1,00,000 cr back to corporate sector. it seems paid expenses which spent by corporate in 2014 election by corporates. Talked to increased disinvestment.
2nd Prospects - Common People
Disappointment instead to reduce burden he increased service tax, financial burden increased. No allocation for social development. only Rs 5000 cr allocated to MANREGA. he has not taken step to implementation of schemes. Increased Rs 50k in health insurance product & Rs 1.50 lakh in pension fund overall disappointment to common people.
3rd Prospects - Economy
Try to down fiscal deficit, it seems accelerate to manufacturing & service sector but doubt to increased employment as desirable. it may be boost up economy.
4th Prospects -Agricultural
No announcement for farmers while farmers facing challenges soil difficulty, weather irregularity, lacuna of agricultural technology. No allocation for Agricultural sector.
Not seems hope for common people. Indian economy is Agricultural leading economy but no ray of hope in this Budget.
Corporate favored budget -------
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