National Budget ?
Good morning Team, Let's discuss today our national budget which was presented yesterday in parliament. Friends before going to the discussion let me ask you questions that in this budget have provision for daily needs? If not then why is it for? My point here is friends according to me this budget is Tustikarana Budget or Satisfied only those who once give alingon. Let me describe my view properly. Here in this budget only two states have benefited by having liquid cash because of the same alingon for steady. Second in this budget no increase in the incomes of farmers but at the same time the government emphasizes the corporate sector which means companies will increase the product cost because they need to satisfy government norms by giving employment. Means in simple terms instead of maker here promotter / middle man getting benefitted more. Third in this employment advertisement I believe more party members will be benefited instead of common people because it is just 4 cr. Fourth government increase the tax exemption bar to 7.5 lakhs that is a good sign for people but in same time it creases tax on savings intrest rate in bank. Good this hand give other hand take. Fifth government is getting maximum from GST and it utilizes it to promote pensions and EPF but let me say clear here because of this satisfactory stunt only few lakhs will be benefited instead of overall some crore employees. Sixth withdrawn of angel tax means empower the money transaction without government knowledge. Because almost every company nowadays in india hide their income source by mobilize it through its product revenue. Also for investment you need to have that much liquidity. Seventh this budget contains only hoaks for youth that employment which is actually no permanent job it will be like classical contract basis and after 6 months definitely skill or performance issues arise and things will end like Agniveer with no pension or retirement benefits. Eightth is jewelry rate got down because now due to 3 months Ambani wedding hoaks people are waited for this and now they spent and it basically a target to buy potential voters of South which is still be unreachable for our beloved government. Also duplicate things will be more in market in this heavy demand situation. If you see stock market already in down due to this budget because they know near future or within 10 15 days definitely impact will see and price will be hiked on especially food items or many daily need items. This is all my small brain's gist regarding our budget. Feel free to share your gists regarding this. Nothing much. Have a great day ahead, team.