With such a simplified tax, compliance and administration will become much easier.
The marginal increase in defence outlay is disappointing considering the need to maintain a lean and mean army in a state of perpetual readiness.
Tied spending, revenue crunch mean the finance minister did the best she could on financing the deficit
Exemption-free option a good move, but clarity needed
Bond ETF was a part of government's effort to deepen bond market
'What we are doing now is that the income of an NRI generated in India will be taxed here', said FM
The first bond ETF launched recently was a great success
Experts say paying tax has now become very person-specific. Each taxpayer will have to study the situation and decide whether to opt for the new regime or not
Modi likes the budget to be a low-key, routine, annual statement of accounts. Big bang announcements can be made through the year, when it suits his politics
The finance minister wants to encourage people to move from savings to consumption
Expectations of a growth stimulus have been belied
The government should have increased allocations to the MGNREGA, PM-KISAN and rural infrastructure to raise incomes in rural areas
It appears to incentivise consumption but also puts hurdles in its path
Benefit of reduced corporate tax rate of 15% extended to newly set up domestic companies engaged in power generation
FM fights shrinking fiscal space by increasing non-tax revenue, freezing growth in subsidies
Nirmala Sitharaman told the media she was confident of the divestment process gaining pace in the next six months
We may well end up with the same budgetary mess that we have experienced this year
Nirmala Sitharaman said that the Centre had decided to "substantially" accept the recommendations of the 15th FC but did not indicate which recommendations it has accepted
The government has wasted the chance to firmly establish its reform credentials
To trigger creativity in cinema, the making of films has to become cheaper too