This Budget has shorn the government of its ability to collect adequate resources from the rich and spend on the poor. The Budget has further enmeshed the debt trap. This Budget has made Atta, Vegetable Ghee and Sugar more expensive but on the other hand it has mobile phone cheaper, it has made Pepsi, Coca Cola, all beverages and concentrates cheaper. Now that they have a business friendly Government they must have their pound of flesh. Can we afford to give more tax holidays.
Direct taxes are payable only if there are net profits.
Can we afford to encourage consumption of beverages based on imported concentrates when we can encourage domestic juices and drinks industry. Should Government borrow more on short term to boost beverage industry. Should Government loosen its grip on tax-evaders. Should it whiten the ill-gotten wealth for a paltry contribution. Should it decelerate the public spending on projects in Social and Agriculture infrastructure sectors.