Tally for CAs in Industry Silver Edition (Single User) Tally Renewal (Auditor Edition) Need Tally for Clients? (Tie-up with us!!!)
Budget Extravaganza »
 In Union Budget 2020, a new Income Tax Regime has been proposed with lower tax rates up to taxable income of Rs 15 lakh compared to the Old Tax Regime.
 Income tax highlights of Budget 2020
 Pre-filled ITR forms to take the pain out of filing income tax returns
 Income tax exemption limit could be raised For Budget 2020
 5 income tax changes expected in this year's budget
 Is there room for income tax cuts in Budget 2020?
 Govt mulls no tax on LTCG with 2-year holding period For Runup to the Budget 2020-21
 Here's how you can send your suggestions to PM Modi for Budget 2020
 PM Modi stresses on governance, implementation in meeting with economists, industrialistsa
 Big tax cuts may be coming for middle class in next Budget; here's why
 Middle class may gain from lower tax rates in Budget FY21

Singh's worry about budget
September, 17th 2011

Teatime on Friday at businessman Harkrishan Dayal Singh's house in New Model Town witnessed a lot of animated discussion about the government's recent announcement of increase in price of petrol and repo (short-term lending) rate.

While some fretted about the never-ending EMIs, others were worried about how they will manage the household budget. The family unanimously criticized the move.

Harkrishan's wife Manpreet Kaur, 52, a homemaker said they will put on hold their plans to buy a new car since rate of auto loan has also been increased. She is also concerned about what will happen if government cuts subsidy on LPG cylinders.

"The expenses in our house will go up drastically,'' she added. Her son Gurpreet Singh, 31 and wife Navneet Kaur, 27 minced no words while expressing displeasure for the government's decision. "If the government cannot control inflation why does it spend so much on striking deals with other countries?'' said Gurpreet.

Navneet said they are fed up of cutting down on expenses.The couple said they are worried about the future of their 7-year-old son and 3-and-half-year-old daughter.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2020 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting