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| Surfers' comments |
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The threshold limits on tax need to be increased and tax rates should be spread across more slabs so as not to hurt the salaried class.
- Jayaraman
The I-T exemption for men should be Rs 1.8 lakh. Rs 1.5 lakh is peanuts. - Naveen Kumar |
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| Expert comments |
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 Gaurav Taneja,
Partner & National Tax Director says the Finance Minister has stressed on buoyancy in tax collections and on attaining a Tax—GDP ratio of 12.5%. |
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 Motilal Oswal, Chairman and Managing Director of Motilal Oswal Financial Services says the Finance Minister was uniquely positioned to present a landmark Budget. |
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 Srinivasa Rao, Partner & India International Tax Leader, Ernst & Young is of the opinion that Union Budget has lived up to the populist trend. |
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| Calculators |
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How this budget affects your
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| Union Budget 2008-09 » Columns |
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| Columns |
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| Personal tax - time for individuals to celebrate |
 In addition to the increase in the basic threshold limit, the Finance Minister has made changes in the slabs. This will definitely increase the take-home salary of an individual, writes Amitabh Singh. |
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| Indirect tax - more of the same |
 The information technology sector may be the sector that is most impacted by the Budget. The government appears to be slowly abandoning the shelter that it had previously provided this sector, writes Vivek Mishra. |
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| A reasonably balanced budget |
 This Budget is not transformational but seems to toe a logical line in addressing the country's needs. The government's ability to focus on fiscal discipline needs to be watched through the coming election year, Rajiv Memani. |
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| Great if the numbers add up |
 In presenting the budget for 2008-09, Finance Minister P. Chidambaram seems to have achieved the impossible. He did not give up any of the ongoing schemes or subsidies; in fact, allocations for most of them have been enhanced, writes Rajiv Kumar. |
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| Direct taxes - A balanced budget |
| Gaurav Taneja, Partner & National Tax Director, says the Finance Minister has stressed on buoyancy in tax collections and on attaining a Tax—GDP ratio of 12.5%. |
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| Stock market - all for the common man |
| Motilal Oswal, Chairman and Managing Director of Motilal Oswal Financial Services, says the Finance Minister was uniquely positioned to present a landmark Budget. |
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| International tax: Towards a new direct tax code |
| Srinivasa Rao, Partner & India International Tax Leader, Ernst & Young is of the opinion that Union Budget has lived up to the populist trend. |
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| Features |
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A budget for Bharat
Buoyant tax revenues a lower fiscal deficit and an economy that's in top gear permit the FM to pump big money into agriculture and the social sector. Those efforts might help at the hustings, too. |
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| Economic Survey |
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'Expand telecom infrastructure, R&D'
"With rapid growth of telecom network, there is a need to further expand the infrastructure and research and development," the survey said. |
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| Surfers' comments |
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This is a very good budget, especially for agriculture and education. P Chidambaram is the best.
- By Saravanan P (plsharavanan@rediffmail.com) |
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If you can waive Rs 50,000 crore for farmers what about the tax on housing loan interest? That should also have been reduced.
- Chandra Shekar V (rilshekar@yahoo.co.in) |
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Please tax the street hawkers and give relief to the salaried persons.
- Rajaram (rajaramghurup@rediffmail.com) |
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This is the worst budget the finance minister has ever presented. The backbone of the country's economy is the transport but he completely missed it out.
- Jayakaanthan A (jayakaanthan@gmail.com) |
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The budget is sure to augment growth and will also lessen the volatility of the stock markets.
- Sidharth Paul (sidharth.paul@gmail.com) |
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Overall, the budget is satisfactory but the health sector should have been given greater importance.
- Ankit Chaudhary (chaudharyankit1987@gmail.com) |
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| Send your feedback |
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"Total reduction of excise duties by 2% will give a welcome boost to the manufacturing sector. Also, the exemption of specified parts of set-top boxes from customs duties is commendable".
