Subramoney was the only blog which did not have a view on the most important media event of the day at 11am.
So I decided to write my views (at 8 pm Wednesday) on PC’s budget to be presented on Thursday…here it is. It is the only post (I challenge you) to have such a lucid take on the budget based on sheer time spent on planet earth.
– As the budget has left the duties on fuel unchanged, shift to a cycle. Knowing how to live within your means is so damn important. You know that new people are available at 1/3 rd the prices at which you got hired from IIM in 2006.
-Please go for a nice vacation with your wife and carry a cycle along. Make sure you buy it in a shady shop where you can bargain. Malaysia of course, not Singapore.
-As the cost of medicines have gone up please shift to homeopathy and naturopathy. Allopathy is useful only to create pain elsewhere…
– the business of Financial Advisers is being nationalized. So it will now be priced at Rs. 35,000 per session – but hey the amount will be tax deductible.
– the basic income tax limit has been raised to Rs. 145,000. If you do not like this figure, change it to 345,000. I told you , it is a flexible budget did i not?
-P C has introduced a new Aadhar -Uddhar card. This card will be over and above the current Aadhar card. This will entitle you to a bank loan. Just show your card, one visiting card, and a page 3 personality. Minimum drawdown is Rs. 1000 crores. So those of us who want only a couple of crores, will not find it useful. Last heard of Vijay Mallaya was grinning….
more to follow after i pretend reading the book……er i mean the budget book
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