rollback price hike. UPA allies have opposed price hike.
If a cut motion is passed the government falls. Many have commented that no party wants elections and cut motion will not be passed. Some parties may not like to vote with BJP. They are wrong. The unity shown by the parties on budget day may repeat. Left Front has said the price rise is not a political issue, it is a people’s issue. They will remind people that Congress voted with BJP to pull down V. P. Singh government. In politics there are no permanent friends or enemies.
Tag: Indian budget 2009
Comments on Budget 2009
My comments on Budget 2009-10 are as below: Tax exemption limit should be same for all categories. It can be Rs.1,60,000/- or Rs.1,90,000/- or Rs.2,40,000/-. It was expected that it would be raised Rs.2,00,000/-. As it did not happen there was disappointment. Abolition of Fringe Benefit Tax is good. Minimum Alternate Tax should not have…