Wednesday, 7 February 2018

Budget Byte 2018

The government has chosen to stick to credibility rather than populism in the Union budget. It has continued on the path of fiscal consolidation.
The budget has boosted investments through higher capital expenditure and consumption through tax cuts for lower income individuals, small and medium businesses.
An encouraging feature of the fiscal consolidation over the last two years is the lowering of the revenue deficit.  


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