Budget2010: irratioanl view 3

1.To raise excise duty to 10% from 8%: Thanks a lot for showing fiscal prudence.

2.Businesses with Rs 60 lakh turnover have to audit a/c,Professionals with Rs 15 lakh income need account audit: Congrats CA's , more work to earn.

3.Gold, silver import duty raised : Don't think about these, they are not for us.

4.Makers of mobile accessories to get tax breaks: Just flaunt of your bluetooth headset and mobile pouches

5.Customs duty rationalized on music, gaming, software: Will you start buying non pirated version now.

6.Income Tax Slabs: Good to great, Thanks a lot ...aal is well.

7.Opposition walks out, Lalu says we oppose budget: Financial Analyst says other wise. I am confused now.

Budget2010:irrational view 2

1. Provide more than 16,500 cr for Railways: Isn't it equivalent to increasing tariffs, just that the collection mode is different.Only showing good face in railway budget.Why do they don't want to make growth of railways self sustainable.

2.NREGA allocation hiked to Rs 40,100 cr: No review of rampant corruption here???

3.Hike allocation for school to Rs 31,000 cr: Will now we will be able to see teachers in classes teaching to students?

4. Textile Ministry to train 30 lakh workers over 3 years: create such job opportunities first.

5.Fiscal deficit target for FY11 is 5.5% of GDP: Talking about target is fine, but what is the path.Last year too, no path was shown.

6.MAT hiked to 18%: Companies pull your belt and start paying taxes.Don't curse FM for this, You knwo you were wrong by avoiding taxation.

7.Weightage deduction on R&D increased to 200%: Will that really encourage R&D or will give a path to avoid tax. Companies of high morals!!!!

Budget 2010:irrational view

1.Union Budget 2010-11: Fiscal year 2009-10 was a challenging year | The second challenge is to consolidate growth and make it inclusive, the third challenge is bottlenecks in the public delivery mechanism:is minister talking about rampant corruption in public delivery system.

2There is need to review public spending: does that mean we need to check whether public spending reaches to public or it reaches to public servants.

3.Govt in a position to implement Direct Tax Code in 2011: Yipee we are only 1 year late so far.

4.Govt to spend disinvestment money on social infrastructure: That means disinvestment money is going to be idle for a long time as everybody knows how time bound our social infrastructure projects are.

5.Oil Ministry to take up oil price decontrol soon: That is really a tough decision, poor MrFM. Loosing vote bank or rational thinking??

6.To extend Green revolution to Eastern India: every inch increase in land where green revolution is going to do only benifit...gud work.

7.To maintain the thrust of infra growth: What it means, we are going to complete old projects or new projects to be put in never ending implementation phase.