The much anticipated Budget announcements are over. The entire Opposition walked out from the Lok Sabha in protest as the 'inflationary' Budget.
The FM changed the slabs cutting the rate to 10 per cent for income up to Rs 500,000. The tax concession the FM said will give more money in the hands of the people.
But raising the duties on petro products will automatically hike the cost of petrol and diesel, which will not only hurt vehicle owners, but prices all around will also rise.
Do you think the FM has played his card right to strike a balance between controlling inflation and bringing down fiscal deficit?