BALASUBRAMANYA B N (CCI STUDENT....) (44687 Points)
09 February 2011
CMA. CS. Sanjay Gupta
("PROUD TO BE AN INDIAN")
(114230 Points)
Replied 09 February 2011
No Comments...Lets hope for the best....
CA Khushboo Agrawal
(CA )
(1811 Points)
Replied 09 February 2011
| Originally posted by : CMA. Sanjay Gupta | ||
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No Comments...Lets hope for the best.... |
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Sunshine
(Helping All)
(10575 Points)
Replied 09 February 2011
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...
v@m$h!
(CA - Final and CS - Final)
(1473 Points)
Replied 09 February 2011
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.
Rahul Sharma
(Student + A.M.- Finance)
(2530 Points)
Replied 10 February 2011
| Originally posted by : CMA. Sanjay Gupta | ||
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No Comments...Lets hope for the best.... |
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CA Mohit Thareja
(Assistant Manager-Accounts & Finance)
(1117 Points)
Replied 10 February 2011
I think budget should evaluate inflation and it should be in the manner to decrease prices.
CA SURENDRA KUMAR RAKHECHA
(Practising CA at Surat)
(26263 Points)
Replied 10 February 2011
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.
CA SURENDRA KUMAR RAKHECHA
(Practising CA at Surat)
(26263 Points)
Replied 10 February 2011
Please note :
The first para of above post is with reference to the last year's budget.
CS LLB Pulkit Gupta
(https://www.facebook.com/pages/Life-and-Promises/553962034682487)
(16631 Points)
Replied 11 February 2011
| Originally posted by : shruti | ||
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hmmm..lets c wats gonna happen.. |
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CA Gangadhar Mishra
(Practicing ca in Delhi)
(1526 Points)
Replied 12 February 2011
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.
HS CHAUDHARY
(Manager)
(21 Points)
Replied 15 February 2011
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.
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