Budget is a small thing.
The growth plans of a country and the policies relating to infrastructure are not expressed therein. We unnecessarily put too much emphasis on it , says R Seshasayee , Managing Director, Ashok Leyland. I have listened to 30 Budgets and in all the Budgets, what they have said was, we are increasing the customs duty of something and reducing the excise duty of something. Either remove the dividend tax or bring it down to 10 per cent from the current 20 per cent,' says CII president Arun Bharat Ram. FM The subsidies bill, interest payment and defence and establishment expences have made the budget rigid, the finance minister said.