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: VAT Audit :: ACCOUNTING STANDARD :: TDS :: due date for vat payment :: empanelment :: VAT RATES :: cpt :: form 3cd :: ACCOUNTING STANDARDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TAX RATES - GOODS TAXABLE @ 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: Central Excise rule to resale the machines to a new company :: list of goods taxed at 4% :: articles on VAT and GST in India
 
 
Budget Extravaganza »
 Government should reinstate wealth tax in Budget 2017
 With demonetisation inducing tax compliance will PM Modi cut tax rates in Budget 2017?
 State plan budget utilisation in Odisha
 Maharashtra wants budget advanced to February
 Coastal economic zones may get 10-year tax exemption in next Budget
 Why advancing the Union Budget date may not make much difference
 Govt keen 2017-18 budget should not clash with polls: Arun Jaitley
 Finance Ministry seeks industry suggestions on taxation for Budget
 Budget should focus on fiscal firm up
 Finance ministry keen to present Budget on February 2 or earlier
 Poor railway performance may mar merged Budget

Budget session was unending
August, 08th 2009

The just concluded budget session was "highly satisfying" for the opposition but an unending "embarrassment" for the Congress-led UPA government, BJP leader L.K. Advani said on Friday while specifically pointing to the India-Pakistan joint statement and the budget.

The leader of the opposition told reporters after the conclusion of the budget session that never had he seen a newly elected government bungle so much in its first two months.

"For us, this session has been highly satisfying. For the government, it has been an unending row of embarrassment," Advani said.

"Never in my long parliamentary career have I seen a newly elected government bungling so badly in the first two months of its existence," the Bharatiya Janata Party leader, who was the party's prime ministerial candidate during the April-May elections, added.

The government had failed to usher in any confidence in the economy with its budget, Advani said, describing the India-Pakistan joint statement issued in Egypt last month as the "biggest bungle".

"The biggest bungle of the UPA government in its first two months was the Indo-Pak joint statement issued after the meeting between Prime Minister Manmohan Singh and his Pakistani counterpart Yousaf Gilani in Sharm el-Shaikh in Egypt last month."

He said the joint statement contained two of the "worst blunders" committed in India's diplomatic history. "Firstly, it delinks or debrackets the bilateral dialogue process from Pakistani government's action to stop terrorist attacks on India. Secondly, it tacitly holds India guilty of fomenting trouble in Balochistan."

Discussing the union budget, he said it was "lacklustre, lacking in vision and direction". He added that it had failed to invoke enthusiasm in any section of the society. "It could not stimulate recovery in an economy that has suffered a serious slowdown," the former deputy prime minister said.

To make things worse, it sent "confusing signals about the government's commitment to economic reforms, compelling both the prime minister and the finance minister to make damage control statements".

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Website Ranking Website Ranking Company Website Positioning Alexa Ranking Website Promotion Website top 10 ranking website top 10 promotion search engine result promotion Strategic Internet Marketing Website Optimization Website Ranking Factors

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