Budget 2007 - My Stupid View
How good was the Budget-2007 presented yesterday by Mr. P Chidambaram? This was the question that was running all over the place yesterday. The final verdict came down to a great Thumbs Down to the Finance Minister. The main reason for these thumbs down from the middle class is the fact that there was no tax exemption method added. The media is more concerned with the lack of Reforms and the slight increase in Taxation on the BPO and IT industry. This puts in effect the core question about Budget - Any budget which does not decrease my Tax Burden is a bad budget? The majority answer seems to be a rousing YES to this question. ...
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