Budget 2014: Interim takeaways rather than Longterm take aways for all Indians
Below given are the interim budget excerpts released yesterday in the Indian parliament by finance minister. It is mostly and aptly suits the name of Interim. There is nothing for us in the long term.
One thing is that most of the indians, especially the young indians can take away from this budget is that the mobile prices will go down since the Excise Duty ( a form of tax on manufactured products in India ), will from now on be at 1% ( reduced ) and also car prices will go down ( reduced ED from 12% to 8% ).
This is expected to boost the consumer morale and increase the purchases of the retail customers.
Now what: If there is a slash of mobile prices which are manufactured in India, lets take it. Else lets dump it.
Courtesy: Economic Times
Below given are the interim budget excerpts released yesterday in the Indian parliament by finance minister. It is mostly and aptly suits the name of Interim. There is nothing for us in the long term.
One thing is that most of the indians, especially the young indians can take away from this budget is that the mobile prices will go down since the Excise Duty ( a form of tax on manufactured products in India ), will from now on be at 1% ( reduced ) and also car prices will go down ( reduced ED from 12% to 8% ).
This is expected to boost the consumer morale and increase the purchases of the retail customers.
Now what: If there is a slash of mobile prices which are manufactured in India, lets take it. Else lets dump it.
Courtesy: Economic Times
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