Blogs
Month: February 2018
Two Recent Taxation Changes Will Likely Boost Investment, So Why Are They Sparking Criticism?
Suraj Jaiswal
While the recent Union Budget announced a number of changes related to taxation policies – like a change in corporate tax rate, a standard deduction of Rs 40,000 for the salaried class, changes...
Will School Education Be A Priority For The Maharashtra Govt In The Upcoming State Budget?
Protiva Kundu
In India, historically and constitutionally, the fiscal spaces for states have been very limited because of their limited resource-generating capacity. However, Maharashtra is an exception. It is the...
Doubling farmers’ income: Is Budget 2018 in the right direction?
Nilachala Acharya
Farmers need higher returns for their produce to experience increased farm income. The government has continuously promised farmers at least 50 percent higher returns than the cost of their produce....
How transparent is our budget?
Nilachala Acharya
The ideas of ‘good governance’ and ‘budget transparency’ are intricately related where one practice often influences the other. Over the past few years, the importance of transparency in...
#Budget2018 rural sector funds ka funda
Inayat Sabhikhi
In June last year, a small-scale awareness activity and camp in two blocks of Jharkhand saw hundreds of people showing up at the block office to register their names for pensions and MGNREGA work. On...
#Budget2018 pledges quality education (but where are the resources?)
Protiva Kundu
Finance minister Arun Jaitley was quite generous with promises relating to reformation of the education sector - along with other priority sectors like agriculture and rural economy - while giving...
Health budget just one-third of the 2025 target
Richa Chintan
In the union budget for 2018-19, some big announcements have been made especially for the health sector but not supported by corresponding budgetary allocations. While, on the one hand, allocations...
Why Arun Jaitley might have chosen standard deduction instead of raising income tax exemption limit
Sridhar Kundu
Ahead of the Union Budget 2018, there was a lot of anticipation about possible tax relief for direct taxpayers with either a change in the income tax slabs; lowering of the tax rates; or an increase...
#Budget2018’s job promise is hollow
Sona Mitra
India’s employment statistics have been grim for some time now. In the face of the brouhaha over the pakoda business, the Union Budget for 2018-19 - the fifth and final full budget of the...
For Religious Minorities, Budget 2018 Fails to Live up to Promise of ‘Achhe Din’
Jawed Alam Khan
The National Democratic Alliance (NDA) government rode to power in 2014, riding on promises such as reducing corruption and generating meaningful employment opportunities for all. The Bharatiya...
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