The concept of Expenditure Tax instead of Income Tax will be useful in the sense that a person should be charged for the expenditure he is able to make and not from one's income which if saved in Bank is already under tax bracket. A person capable of spending more should be taxed more.
पीएम नरेंद्र मोदी द्वारा घोषित राहत घोषणा “आत्मनिर्भर” पैकेज के बाद हालहीं में वित्त मंत्री श्रीमति निर्मला सीतारमण ने प्रेस-कॉफ्रेंस कर फिर से एसएमएमई को पेकैज प्रदान करने की बात कही है।
The low threshold limit in the old definition of MSMEs averts companies from expanding further, which also stops them from enjoying the benefits that are accorded to them by the law. With the emended definitions of MSMEs, they will not have to worry about growing their size and can still avail benefits.
This budget respects everyone from all sections of society from farmers, marginalized people to taxpayers. Importance is also given to climate and water conservation.
The piling up of inventory with the dealers and manufacturers of automobiles are cited as clear indicators of the bad climes we were in. However, the efforts that the present govt is putting is worth appreciating.
If Modi had only weighed political interest and winning election, he could have be tougher with corporate and generous in social welfare schemes. But Modi never believes and want politics in governance and for Modi India comes first.
On abrogation of Article 370, Gopalakrishnan said it will definitely boost the economy of Jammu, Kashmir and Ladakh, but did show keen interest to invest there because he has not so far invested beyond South India so far.