Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: Central Excise rule to resale the machines to a new company :: VAT RATES :: due date for vat payment :: articles on VAT and GST in India :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARDS :: cpt :: empanelment :: list of goods taxed at 4% :: form 3cd :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARD :: VAT Audit :: TDS :: TAX RATES - GOODS TAXABLE @ 4%
 
 
« Budget Extravaganza »
 Budget 2017: Do we expect an overhaul of personal income tax rates and slabs?
 All eyes on Budget 2017 proposals on capital gains tax
 Budget-2017 And Gst Expectations
 Income Tax Appellate Tribunal, Kolkata Benches Kolkata Constitution of kolkata Benches for One Week From 16.01.2017 To 19/01/2017
 What’s the big deal if budget presented on Feb 1, which law violated? SC asks PIL petitioner
 What aam aadmi wants from Budget 2017
 Have you availed these new home loan tax benefits of Budget 2016?
 The budget should cut corporate tax rates drastically
 What India wants in this Budget: Jobs and more jobs and focus on farm sector
 Budget 2017: Here are a few areas where FM Jaitley can give you tax breaks
 New structure and substance to define this Budget

Budget figures "statistical jugglery"
July, 11th 2009

The CPI on Friday trashed the General Budget, saying it was "too nominal" and "too inconsequential" in meeting the challenges posed by the economic slowdown.

Participating in the debate on the budget in the Lok Sabha, CPI leader Gurudas Dasgupta also questioned the figures of inflation given by the government, saying the "statistical jugglery" showed it to be negative while in reality the prices of essential commodities are very high.

"The Budget is too ambitious on the one hand and on the other hand, it is too nominal... It is too inconsequential," he said, while arguing that there was very little focus on uplift of the social sector.

He contended that the Budget proposals would not be able to meet the challenges posed by the economic downturn, particularly in the aspects of job loss and crisis in agriculture sector.

Mr. Dasgupta said the budget has not taken into consideration the impending threat of drought and its impact on prices. "It is a serious omission. I hope government will make contingency plans to take care of the impending drought," he said.

Referring to the promise of 12 lakh job creation, he said it did not seem to be realistic.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - About Us

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions