Union budget: Cars, air travel, movies, eating out to be costlier


Updated

New Delhi, Feb 29 (PTI): Cars, locally made mobiles, branded garments, air travel, aerated drinks, cigarettes and smart watches are the among items that will be costlier while footwear, solar lamps and routers are slated to cost less following changes in tax structure in the Budget 2016-17.

As a result of a new levy, Krishi Kalyan cess, on all services, activities including eating out, watching movies in theaters and payment of bills, will also become more expensive. Continuing the trend set by his predecessors, Finance Minister Arun Jaitley today came down heavily on smokers and tobacco consumers by imposing up to 15 per cent excise duty on all tobacco products.

"To discourage consumption of tobacco and tobacco products, I propose to increase the excise duties on various tobacco products other than beedi by about 10 to 15 per cent," Jaitley said in his Budget speech.

Potential car buyers will have to shell out more - from as low as Rs 3,000 to over Rs 1 lakh - on new purchases as the Finance Minister announced infrastructure cess of up to 4 per cent on vehicles.

"The pollution and traffic situation in Indian cities is a matter of concern. I propose to levy an infrastructure cess, of 1 per cent on small petrol, LPG, CNG cars, 2.5 per cent on diesel cars of certain capacity and 4 per cent on other higher engine capacity vehicles and SUVs," Jaitley said.
Petrol/LPG/CNG driven vehicles of length not exceeding 4 meters and engine capacity not exceeding 1,200cc would attract a cess of 1 per cent.

Diesel driven vehicles of length not exceeding 4 meter and engine capacity not exceeding 1,500cc will attract a cess of 2.5 per cent, while other higher engine capacity and SUVs and bigger sedans would be levied at 4 per cent. Moreover, cars priced above Rs 10 lakh will also attract tax of 1 per cent at source.

"I also propose to collect tax at source at the rate of 1 per cent on purchase of luxury cars exceeding value of Rs 10 lakh and purchase of goods and services in cash exceeding Rs two lakh," Jaitley said.

After the Budget announcements, air travel will become expensive due increase in excise duty on aviation turbine fuel (ATF) to 14 per cent from 8 per cent besides the additional levy of Krishi Kalyan cess.

Soft drinks and mineral water will also be dearer as Jaitley proposed to hike excise duty on "water including mineral water, aerated water containing added sugar or sweetening matter" to 21 per cent from 18 per cent earlier.

Branded readymade garments costing Rs 1,000 or more will become costlier as the excise duty on them has been increased to 2 per cent without CENVAT credit from nil earlier. Customs duty on imported imitation jewelery has gone up from 10 per cent to 15 per cent while customs duty on industrial solar water heater has increased from 7.5 per cent to 10 per cent which will make these items costlier.

Locally manufactured mobiles will become costlier by about 1 per cent because government has imposed duty on imported circuit boards used in them. Availing of legal services through senior advocates or legal firms will cost more as such activity will no longer be exempted from service tax with Jaitley proposing a levy of 14 per cent.Traveling by hiring air-conditioned stage carriage will also become more expensive as it will now come under service tax with a rate of 5.6 per cent. Smart watches will also be dearer as they will now be subjected to retail sales price-based assessment of excise duty with an abatement of 35 per cent.

Hiring of agency to pack and move household items while shifting premises will also become expensive as it will now attract a service tax of 5.6 per cent as against 4.2 per cent earlier.
Imported golf cars will be dearer as customs duty on them has been hiked to 60 per cent from 10 per cent.

Lottery tickets will also become expensive as that will come in the service tax net, while imported e-reading devices will be dearer as it will now attract basic customs duty of 7.5 per cent as against nil earlier.

Other items that will become dearer include instruments for VoIP (Voice over Internet Protocol) and refined gold bars manufactured from gold dore bars.

On the other hand, footwear will become cheaper as excise duty on rubber sheets and resin rubber sheets for soles and heels have been cut to 6 per cent from 12.5 per cent. Solar lamps will also cost less as they have been exempted from excise duty. Earlier it was taxed at 12.5 per cent.

Router, broadband modems and set top boxes will become cheaper as excise duty on these products have been reduced to 4 per cent without CENVAT credit from 12.5 per cent earlier.Digital video recorder and CCTV cameras will also be cheaper as these items have been exempted from excise from 12.5 per cent earlier.

Hybrid electric vehicles are set to be cheaper as the engine will attract a lower excise duty of 6 per cent from 12.5 per cent earlier. In order to bring down the cost of kidney dialysis of patients suffering from end-stage renal disease, excise duty on disposable sterilised dialyser from been reduced to NIL from 12.5 per cent earlier.

Microwave ovens made in the country will become cheaper as customs duty on a key imported component -- magnetron of capacity 1 KW to 1.5 KW -- has been brought down to NIL from 10 per cent earlier.

Sanitary pads napkins and tampoons will also become cheaper as customs duties on key ingredients -- wood pulp and super absorbent polymer have been cut by 2.5 per cent.
Braille paper will also be cheaper as it has been exempted from customs duty. It was earlier subjected to 10 per cent import duty.

Low cost houses will also become even more affordable as Jaitley did away with service tax on construction services on dwelling units not exceeding 60 square metres under Pradhan Mantri Awas Yojana and any housing scheme of state government.

 

Earlier Update


Jaitley's budget focuses on small tax payers, rural economy

New Delhi, Feb 29 (IANS): Finance Minister Arun Jaitley on Monday gave relief to small tax payers, nudged the affluent to shell out more while focusing on the rural economy with much higher fiscal outlays, as he presented India's national budget for 2016-17 in the Lok Sabha.

He also said that people living in rented houses will be eligible for deductions of up to Rs.60,000 now -- up from Rs.24,000. He also said the ceiling of tax rebate for people with income up to Rs.500,000 per annum was being raised to Rs.5,000 from the present Rs.2,000.

But for larger tax payers, he said, the income tax surcharge of 12 percent at present was being hiked to 15 percent for incomes exceeding Rs.1 crore per annum. Suitable changes, Jaitley said, will also be made in customs and excise duty rates to push the "Make in India" programme.

"Tax evasion will be countered strongly," he warned.

Jaitley also said that the fiscal deficit target of 3.9 perecent of GDP for the current fiscal will be met, even as the target for next year has been fixed at 3.5. "Prudence lies in adhering to fiscal targets," he said.

But in a major departure from the past, where government expenditure could be demarcated between productive and administrative expenses, the finance minister said the classigication of plan and non-plan will be done away with from 2017-18.

The minister began his speech saying that India was a bright spot in the global economy in these difficult times. He later outlined his nine focus areas for this annual budget exercise in which rural development took the top slot.

"I am presenting the budget when the global economy is in crisis," Jaitley said in his first set of remarks, adding that India, despite the gloom in the world economy, was turning difficulties into opportunities.

He said India's growth has expanded 7.5 percent, despite slowdown in exports, even as inflation had eased, bringing big relief to the general public. He also said foreign exchange reserves were robust. "Indian growth is at an extraordinary high."

Jaitley said his budget will look at three pillars in right earnest: A prudent fiscal policy, raising domestic demand and carrying out reforms. He also said that farm, rural sector, infrastructure and social sector will be allotted more money.

"Recapitalization of banks also to be done during next fiscal year," he said, as much concern have emerged over the quantum of exposure of Indian scheduled banks in terms of gross non-productive assets, re-cast loans and write-offs, which amounts to Rs.9.5 lakh crore.

He said the nine pillars of this year's budget will be: agriculture, social programmes, rural development, education with skill development, infrastructure, financial reforms, policy reforms in terms of ease of doing business, fiscal discipline and tax reforms.

"A unified agriculture platform to be dedicated to the nation on the birth anniversary of Dr. B.R. Amebdkar," the finance minister said, amid applause from the benches.

He said the government had targeted agriculture credit of Rs.8.5 lakh crore in 2015-16, which was being enhanced to Rs.9 lakh crore in the next fiscal. He also said that Rs.19,000 crore will be allocated for rural roads development programme.

Overall, Rs.87,765 crore was being allocated for rural development as a whole.

At the same time, Rs.35,984 crore was being allocated for agriculture in the next fiscal. This apart, the outlay under the job guarantee programme was being enhanced to Rs.38,500 crore. These enhanced allocations are capable of transforming villages and towns, Jaitley said.

He said there was also the need to spread digital literacy in rural areas. In addition, Rs.8,500 crore was being allotted towards rural electrification, targeting 100 percent rural electrification by May 1, 2018.

Jaitley also assured that the government intended to double the income of farmers in five years, besides allotting Rs.35,984 crore towards welfare of farmers. The proposals also included universal coverage of cooking gas in the country, with a massive mission towards this aimed at the poor people.

In this regard, he said, the government appreciated the 75 lakh middle class and lower middle class families for willingly giving up cooking gas subsidy.

On health, he said, a new scheme will provide medical cover up to Rs.1 lakh per family,

 

Highlights

* Services provided by EPFO exempted from service tax

* Limited tax compliance window from June 1 - September 30 for declaring undisclosed income at 45 percent including surcharge and penalties

* Clean energy cess increased from Rs.200/tonne to Rs.400/tonne on coal, lignite and peat

* Moving towards a low tax regime with non-litigious approach

* Committed to provide a stable and predictable taxation regime

* Relief of Rs.3,000 per year to taxpayers with income below Rs.5 Lakh per year to benefit one crore taxpayers

* Surcharge on income tax for incomes exceeding Rs.1 crore per annum raised from 12 percent to 15 percent

* Service tax exempted for general insurance schemes under Niramayi Swasthya Bima Yojana

* Suitable changes to be made in customs and excise duty rates to improve competitiveness and boost Make In India

* Plan, Non-Plan distinction to be removed from 2017-18

* For income below Rs.5 lakh per annum, tax ceiling has been raised from Rs.2,000 to Rs.5,000

* Relief to those in rented houses: Deduction raised from Rs.24,000 to Rs.60,000 under Section 88G

* Corporate income tax: Incentives for new manufacturing companies and relatively small enterprise companies

* Fiscal deficit for 2016-17 targeted at 3.5 percent

* Committed to implementing General Anti-Avoidance Rules (GAAR) from April 1, 2017

* New policy for managing assets of public enterprises

* Comprehensive approach to be adopted for government investment in central public sector enterprises

* Three initiatives for better delivery of public services

* Increased allocation of Rs.1,80,000 crore under PM MUDRA Yojana

* Market Stabilization Fund for Pulses gets Rs.900 crore

* Financial Data Management Centre for integrated data collection and analysis

* RBI Act being amended to provide statutory basis for monetary policy framework

* 100 percent FDI to be allowed through FIPB route in food products produced and marketed in India

* Department of Disinvestment to be renamed Department of Investment and Public Asset Management

* Comprehensive plan being drawn up to be implemented in the next 15-20 years for exploiting nuclear energy

* Government to provide health insurance of up to Rs.1 lakh per family; 300 generic drug stores to be opened under PM Jan Aushadhi Yojana

* Roads and highways allocated Rs.55,000 crore, 50,000 km of state highways to be taken up for upgradaing to national highways

* Stand Up India scheme allocated Rs.500 crore for SCs, STs women entrepreneurs

* Government to incentivise gas production from deep sea and other unutilised deep sources

* Public Utility Resolution of Disputes Bill for resolution of infra sector disputes

* Pradhan Mantri Kaushal Vikas Yojan gets Rs.1,700 crore

* Digital depository for school leaving certificates

* Higher education financing agency to be set up with fund of Rs.1,000 crore

* National Skill Development Mission has imparted training to 76 lakh youth; 1,500 multi-skill training institutes to be set up

* Model Shops and Establishments Bill to be circulated for voluntary adoption by states

* Rs.2.87 lakh crore for rural and urban local bodies

* Animal welfare programme, animal health card, e-marketing platform for connecting breeders

* 100 percent village electrification to be achieved by May 1, 2018

* Appreciation for 75 lakh middle class and lower middle class families for willingly giving up LPG Subsidy

* Rs.8.5 lakh crore of agricultural credit targetted in 2015-16
   In 2016-17: Rs.9 lakh crore

* Rs.35,984 crore allocated for agriculture in 2016-17

* Five lakh acres to be brought under organic farming over three year period

* MGNREGA to get Rs.38,500 crore

* Recapitalization of banks during next fiscal

* Prudent fiscal policy needed, domestic demand should bhe raised, reforms need to be carried out

* Farm, rural sector, infra and social sector to get more funds

* Need to prioritize expenditure given recommendations of 7th Pay Commission and OROP implementation

* Nine pillars for reforming India, among them agriculturre, social sector, education, infra, fiscal discipline, tax reforms

* Proposal to dedicate irrigation fund worth Rs.20,000 crore

* Rs.19,000 crore allocated for PM Gram Sadak Yojana

* Presenting budget when global economy in a serious crisis

* Amidst global headwinds, the Indian economy has held its own

* Converted challenges we inherited into oppoortunities

* CPI inflation down to 5.4 percent from 9 percent plus, bringing big relief to the public

* Forex reserves at highest-ever level

* Current account deficit down to $14.4 bn: Jaitley

* Foreign exchange reserves at highest ever level

* India's GDP growth now at 7.6 percent

* India a bright spot in global economy: Jaitley

 

More details to be added

  

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Comment on this article

  • nitin, Dubai

    Tue, Mar 01 2016

    Excellent budget, while no budget can satisfy every sector this one presents a right step in right direction. The rural sector, farmers and poor are in most need of such a budget that gives them hope.
    THE ONE AMAZING THING THIS GOVERNMENT IS DOING IN THIS BUDGET IS ALLOCATING LAND OR HELPING FARMERS CONVERT TO DOING ORGANIC FARMING.
    No matter how much prosperity and economic growth a country may be proud to have, if the people are living in conditions promoting cancers of various types and exposed to large amounts of pollution and chemicals then it is a total failure for the community people and government.
    Ii am glad something is being done by this government to address these serious evils of modern age living. Organic farming is the right step forward, farming without chemicals and contaminating the earth that sustains all human life
    INDEED THIS REALLY IS A BUDGET FOR A BETTER FUTURE FOR INDIA AND INDIANS.Jai Hind

    DisAgree [6] Agree [3] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Tue, Mar 01 2016

    Gayi Bhains Paani Mein ...

    DisAgree [8] Agree [3] Reply Report Abuse

  • Santan Mascarenhas, Kinnigoli/Mumbai

    Tue, Mar 01 2016

    Present budget proposes to tax 60% of withdrawal of employee provident fund from April 01, 2016, a move that will disappoint 6 crore employees. After independence, first time, this govt is axing the retirement benefits of working people. Is there any cruel act than this, after promising good days.

    DisAgree [4] Agree [7] Reply Report Abuse

  • satish, vitla/dubai

    Mon, Feb 29 2016

    I think opposition people are more over here than Parliament.Might be their future is bright.

    DisAgree [3] Agree [3] Reply Report Abuse

  • Mw, Dubai

    Mon, Feb 29 2016

    Air travel costly....what at this low crude oil price...ur mind is correct or what...

    DisAgree [4] Agree [2] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Mon, Feb 29 2016

    All this while BJP complained that they are not allowed to do any work.
    If allowed they they roll out a DISASTER.
    Let these JOKERS stay at home and we will enjoy a SURPLUS BUDGET ...

    DisAgree [11] Agree [20] Reply Report Abuse

  • RAVINDRA, KARKALA

    Mon, Feb 29 2016

    Shri Narendra Modiji has passed his Budget Examination with Distinction.

    DisAgree [36] Agree [15] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Mon, Feb 29 2016

    and his boots are SHINING ...

    DisAgree [10] Agree [20] Reply Report Abuse

  • A. S. Mathew, U.S.A.

    Mon, Feb 29 2016

    The poorest and poor section of the Indian society are forgotten subjects under the paradise Government of India now the middle class will be sweating with added charge on x-y products. It may be a spiritual therapy along with yoga to consume less and lose weight.

    DisAgree [5] Agree [19] Reply Report Abuse

  • Santan Mascarenhas, Kinnigoli/Mumbai

    Mon, Feb 29 2016

    Every year when I pay income tax, I was happy that we, income tax payers, in addition to our own families, have only 790 persons (in Lok & Rajya Sabha) and about 4 lakh guests in the jail as our dependents. But, now our FM has added farmers too to our dependents list by imposing Krishi Kalyan cess.
    As far as service tax is concerned, by now, almost all services are covered, except the final one, that is service tax on funeral services.

    DisAgree [5] Agree [19] Reply Report Abuse

  • MASTHAN, DUB

    Mon, Feb 29 2016

    FEELS LIKE TO CRY, MY FAV CHICKEN TIKKA WILL BE EXPENSIVE.

    NOW PEOPLE MAY RUN AWAY 1KM FAR, WHEN THEY HEAR THE NAME BJP.

    DisAgree [10] Agree [27] Reply Report Abuse

  • bhuvan, kavoor

    Mon, Feb 29 2016

    router is cheaper..see pics of chicken tikka in laptop and enjoy..

    DisAgree [25] Agree [13] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Mon, Feb 29 2016

    bhuvan, you forgot to add 'This is the real DIGITAL INDIA' ...

    DisAgree [3] Agree [17] Reply Report Abuse

  • A. S. Mathew, U.S.A.

    Mon, Feb 29 2016

    Dear Friend, Mr. Modi will be making bilateral deals with Saudi Arabia in oil-food exchange like the old time barter system in the coming visit shortly, thus more money can be made through the oil deals in India for the Government and the food price may go upward further in India. This is called heavenly aachi din.

    DisAgree [5] Agree [9] Reply Report Abuse

  • basil D'souza, Mangalore

    Mon, Feb 29 2016

    Bugdet made middle class people in Bucket

    DisAgree [3] Agree [22] Reply Report Abuse

  • HENRY MISQUITH, Bahrain

    Mon, Feb 29 2016

    No relief for common people. Service charges increase will hit poor and middle class. BJP fooled the people by taking votes on the game of ache din. next time BJP will definitely defeated.

    DisAgree [3] Agree [16] Reply Report Abuse

  • jeevan, mangalore

    Mon, Feb 29 2016

    Mr. Alok, Kadri

    The budget is mainly focused on agriculture and poor people.

    No doubt it is one of the historical budget presented by BJP Govt building the ground for the future of India & Indians.

    DisAgree [47] Agree [10] Reply Report Abuse

  • Ravi C, Mangalore

    Mon, Feb 29 2016

    Anything which is done, presented by BJP is historical. No doubt at all.

    DisAgree [1] Agree [22] Reply Report Abuse

  • John, Udupi

    Mon, Feb 29 2016

    Yes jeevan, historical! Made in India mobiles and cars are costlier and imported ones cheaper!. Good for India and its future!

    DisAgree [3] Agree [13] Reply Report Abuse

  • Elroy, Karkala

    Mon, Feb 29 2016

    They made cars costlier after to avoid Salman like incidents. No cars no accidents. Smart Modi

    DisAgree [3] Agree [2] Reply Report Abuse

  • sid, mangalore

    Mon, Feb 29 2016

    Super budget - Pro Famer and for the Poor . Will help india reduce its fiscal deficit created by previous Bakwas and Dongi Government

    DisAgree [26] Agree [9] Reply Report Abuse

  • Stan, Udupi/ Dubai

    Mon, Feb 29 2016

    Useless budjet from a hopeless minister

    DisAgree [10] Agree [26] Reply Report Abuse

  • MASTHAN, DUB

    Mon, Feb 29 2016

    SAD NEWS,

    NOBODY EXPECTED THIS,

    WHAT BHAKWAAS BUDGET

    DisAgree [15] Agree [43] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Mon, Feb 29 2016

    If someone were to ask me to sum up this Budget, I can only say "GOVINDA" ...

    DisAgree [26] Agree [59] Reply Report Abuse

  • sid, mangalore

    Mon, Feb 29 2016

    we dont expect much from you any ways . If Govinda comes out from your mouth We would be grateful to the lord .

    DisAgree [43] Agree [37] Reply Report Abuse

  • Vincent Rodrigues, Promenade Road,Frazer Town,B'lore

    Mon, Feb 29 2016

    Budget seems to be on the right track provided it is implemented in total.While submitting the budget FM has to furnish the performance of earlier budget by giving detail of assured and actual performance in these areas of the earlier budget.

    DisAgree [4] Agree [24] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Mon, Feb 29 2016

    Blind Bhakts would still chant "Wah Wah Kya Budget Hai" even if Jaitley were to misplace his Budget Attache.

    DisAgree [21] Agree [42] Reply Report Abuse

  • Madhu, Mlre

    Mon, Feb 29 2016

    Proud of Modi govt.All experts saying good budget with visionary. It is pro poor and pro farmer budget .There is a clear chance of doubling income of farmers.But as usual we can see the hate speech of sickulars.Let them enjoy with hate .

    DisAgree [46] Agree [24] Reply Report Abuse

  • Santan Mascarenhas, Kinnigoli/Mumbai

    Mon, Feb 29 2016

    Common man expected some relief from:
    Raising exemption limit, home loan limit, savings limit. Except for raising 3000 in rebate for people below 5 lakh taxable income, no justice is made to salaried and other people. Since income tax payers have their own houses, the increase in rent allowance is of no use to many.

    DisAgree [9] Agree [26] Reply Report Abuse

  • Mahendra Shetty, Mumbai Mangalore

    Mon, Feb 29 2016

    I AM 100 PERCENT SURE , THIS BUDGET IS BETTER THAN AFZAL GURU LAWYER CHIDAMBARAM! THE CHOR PARTY DID NOTHING IN BUDGET , ONLY WAS FOR VOTE BANK BUDGET...,

    THIS BUDGET WILL HELP FARMERS , POORS AND MIDDLE CLASS PEOPLE....THE NDTV , ABVP, CNN IBN, AAJTHAK PRAISING THIS BUDGET.., STRANGE VERY STRANGE....

    PAPPU YESTERDAY ONLY TOLD THIS BUDGET IS USELESS AND AGAINST THE MINORITY COMMUNITIES AND AGAINST JNU ALSO!!!

    DisAgree [70] Agree [26] Reply Report Abuse

  • Alok, kadri

    Mon, Feb 29 2016

    MR.JEEVAN , pls udate your comments so based on that we could review todays NDA BUDGET...

    DisAgree [8] Agree [32] Reply Report Abuse

  • prem, moodbidri

    Mon, Feb 29 2016

    I was expecting 'Special Package of Thousand Crore rupees' for jobless people to learn 'Photoshop'!

    DisAgree [13] Agree [36] Reply Report Abuse

  • R.Bhandarkar, Mangaluru

    Mon, Feb 29 2016

    y r u censoring?
    aren't u worried ?
    about the common man? why hold discussions otherwise?
    censor club...wake up!
    this is serious stuff...

    DisAgree [5] Agree [14] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Mon, Feb 29 2016

    Even Pakistan's Finance Minister Mohammad Ishaq Dar is a Chartered Accountant
    and leading financial-cum-economic expert ...

    DisAgree [15] Agree [38] Reply Report Abuse

  • SK, Mangalore

    Mon, Feb 29 2016

    Request Sachidanada shetty to handle this job.....

    DisAgree [7] Agree [31] Reply Report Abuse

  • hemanth, bangalore

    Mon, Feb 29 2016

    If you like then you can go there and live. Who is stopping you.Inside enemies are destroying India.

    DisAgree [11] Agree [3] Reply Report Abuse

  • A. S. Mathew, U.S.A.

    Tue, Mar 01 2016

    The Government of total paradox! Uneducated people are the ministers of education, lawyer is the minister of finance, thus the list is continued. To be the minister of aviation, simply see the plane from outside or make one flight to see the inside.

    DisAgree [4] Agree [2] Reply Report Abuse

  • R.Bhandarkar, Mangaluru

    Mon, Feb 29 2016

    He spent half an hour on Agriculture
    raving and ranting and not once mentioning on their plight, suicides etc.
    Same old initiatives, Crores in incentives, schemes,etc which are sure never to reach the lay farmer.
    Just like 'Taarekh Pe Taarekh' this FM has gone on levying 'Cess Pe Cess'..! These Cess is definitely in Excess!
    Only thing that is left out is 'Pee
    Cess'...!I do not know how people are rating this budget!
    Nonsense fellow.

    DisAgree [10] Agree [43] Reply Report Abuse

  • Deepak, Kudla

    Mon, Feb 29 2016

    Your marks logic is like the joke:
    In the race someone said I cam first.
    Actual fact:
    There was no second runner in the competition.

    How you can decide 4.5 out of 5.

    Now you can at least judge by the Disagrees.

    DisAgree [1] Agree [19] Reply Report Abuse

  • prem, moodbidri

    Mon, Feb 29 2016

    FEKU in his 'MonkeyBath' told "Indian citizens are going to take my exam tomorrow"

    What is the result???

    For me, he failed very badly.

    @ Economic Expert Bhakts... please give your verdict.
    (I am asking this even though I know, you start your FekuBhaktiGaanaSudhaa...!!!)

    DisAgree [22] Agree [44] Reply Report Abuse

  • Rohan , Mumbai

    Mon, Feb 29 2016

    Budget positive, innovative, focuses on growth & takes all sections of society together...lol

    DisAgree [36] Agree [20] Reply Report Abuse

  • SK, Mangalore

    Mon, Feb 29 2016

    only in dreams......

    DisAgree [11] Agree [32] Reply Report Abuse

  • Shaan, Mangalore

    Mon, Feb 29 2016

    Good budget.. i will give 4.5 marks out of 5. Jai ho..

    DisAgree [58] Agree [26] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Mon, Feb 29 2016

    Shaan, He does not deserve even 4.5 out of 100 ...

    DisAgree [29] Agree [53] Reply Report Abuse

  • Shaan, Mangalore

    Mon, Feb 29 2016

    D'nt worry Jossy, compare your corrupt U.P.A 100% better.

    DisAgree [46] Agree [24] Reply Report Abuse

  • Abhijit, M'lore

    Mon, Feb 29 2016

    @Jossey, but your comments doesn't deserve even 1 mark out of 1000.

    DisAgree [44] Agree [28] Reply Report Abuse

  • prem, moodbidri

    Mon, Feb 29 2016

    4.5 marks out of 5!!!

    But why...?

    Has FEKU allotted "Allowence of Thousands of Crores, for the people, who chants FekuNaama day nights"???

    DisAgree [19] Agree [35] Reply Report Abuse

  • Shaan, Mangalore

    Mon, Feb 29 2016

    Because he is not corrupted like Sonia, Rahul baba...

    DisAgree [36] Agree [16] Reply Report Abuse

  • shetty, Mangalore

    Mon, Feb 29 2016

    Excellent budget with equal focus on all sectors, as per Modiji's vision of building our economy on 3 pillars......

    DisAgree [39] Agree [18] Reply Report Abuse

  • harish, Kadaba

    Mon, Feb 29 2016

    I think You prepared the comment before the budjet put in parliament !!
    Its usual any GVT budjets oppsostion says useless, rulers say efiecent one !
    only neutral party has to analyse and inform, same to siddu bajet too

    DisAgree [6] Agree [12] Reply Report Abuse

  • Rakib, Mangalore

    Mon, Feb 29 2016

    Just like how he said Satyamev Jayate after ManuSmriti Irani's joot-speech Modi will now tweet "It is Distinction for myself"

    DisAgree [15] Agree [27] Reply Report Abuse

  • Rohan , Mumbai

    Mon, Feb 29 2016

    ENJOY..............PAPPU GANG WILL BE RE-APPOINTED TO WASH OFF THE CHADDIS AGAIN...............lol

    DisAgree [15] Agree [19] Reply Report Abuse

  • Santan Mascarenhas, Kinnigoli/Mumbai

    Mon, Feb 29 2016

    During UPA rule, from ten years, BPJ demanded 5 lakh exemption. But, on 3rd budget, there is no raise in:
    Exemption limit
    Home loan limit
    Savings limit.
    Modiji, result of the exam, let people decide, I am confused.

    On August 2012 you said "Just give me 100 days, I will bring black money, otherwise, muje passi pe chedavo."

    26 may 2014 to today, 643 days have elapsed, passi ka program kab hai Modiji ?

    DisAgree [6] Agree [30] Reply Report Abuse

  • Salvadore Pereira , Mangalore / Dubai

    Mon, Feb 29 2016

    Bhakt will agree without knowing the full budget, only realize when they go to groceries, and get their pay check with additional cuts.

    God bless India

    DisAgree [3] Agree [15] Reply Report Abuse

  • Flavian, Mangaluru/Kuwait

    Mon, Feb 29 2016

    j.anata, Mangaluru / Mumbai

    Do not dig into the past history. (Congress. Past is past and lost for ever.
    That's why people have chosen BJP. Let us hope that the economic situation and other benefits will yield in the coming days.

    In the mean time,can you analyze and put the facts in front of you to justify the benefits (personal life) At least the fuel price?

    DisAgree [11] Agree [35] Reply Report Abuse

  • Flavian, Mangaluru/Kuwait

    Mon, Feb 29 2016

    BhakSala,

    Are you sure to buy 4 new Car(s) for the family. May be typo error.

    DisAgree [3] Agree [22] Reply Report Abuse

  • Clifford Fernandes, Toronto

    Mon, Feb 29 2016

    Flavian
    This gentleman said he strictly instructs Arun Jeitley to do something. You may see his position and hence, what made you to doubt about the cars ?

    DisAgree [2] Agree [12] Reply Report Abuse

  • Santosh,K, Mangalore

    Mon, Feb 29 2016

    Animal welfare programme, animal health card, e-marketing platform for connecting breeders.I MEAN FOR COWS !!!!!!!!!!!!

    DisAgree [17] Agree [23] Reply Report Abuse

  • Amith, udupi

    Mon, Feb 29 2016

    this budget is for a aadhaar card holding ..non smoker ..who has lost his degree certificate and is about to startup a loss making venture ...

    DisAgree [6] Agree [38] Reply Report Abuse

  • Flavian, Mangaluru/Kuwait

    Mon, Feb 29 2016

    mark dcruz, MANGALORE

    Please do not put wrong ideas in the intellectuals mind & brain.
    Common man already half dead and you want to crucify them?
    increase in sales tax will adversely affect the commodity prices further.
    Log kya kayenge.
    BEEF big No.
    Mutton Rich man's diet
    Fish consumption (heath awareness is brought into peoples mind)
    Propose something which can help common man.
    only BJP can do it!

    DisAgree [6] Agree [22] Reply Report Abuse

  • mark dcruz, MANGALORE

    Mon, Feb 29 2016

    Sir! This is what NDA doing and have done. Do you know the prices for petrol and diesel decreased but Hiked in Excise duty and levies. Am Making these Bakth's understand the ideas of our ruling government.

    DisAgree [3] Agree [16] Reply Report Abuse

  • BhakSala, Mangalore

    Mon, Feb 29 2016

    I strictly instruct Arun Jaitley ji why so much emphasis on farming sector what about the fiscal deficit even rich farmer don’t want his son to become a farmer he wants him to become a doctor engineer etc is this is a plan to invite FDI in farming sector and why not tax reduction in automobile sector i was planning to buy4new car for my family any way I can afford no problem for me but what about family people who were expecting some rebate

    DisAgree [10] Agree [15] Reply Report Abuse

  • Joseph F. Gonsalves, Bannur, Puttur / Mangalore

    Mon, Feb 29 2016

    Wait and wait...

    Still the Budget introduction is not complete details are emerging in live in the T.V's.

    AT LAST YOU WILL FIND A HAPPY NEWS 15 LAKHS TO EACH AND EVERY CITIZEN OF INDIA BEFORE THE END OF THE TERM OF CHAAIWAALA FROM A-RUN-JHOOTLEY.

    WAIT., WAIT......

    DisAgree [25] Agree [29] Reply Report Abuse

  • j.anata, Mangaluru / Mumbai

    Mon, Feb 29 2016

    Last 10 years of UPA & 2 as well as 60 years under Dongi Corrupt Congress, 2 years of EMERGENCY in 1975, nobody had ANY EXPECTATIONS

    Today, all the critics are highly intolerant & expectations are sky high. Country SCREWED by Dongis for last 60 years, but same people want INSTANT recovery now

    DisAgree [39] Agree [25] Reply Report Abuse

  • Joseph F. Gonsalves, Bannur, Puttur / Mangalore

    Mon, Feb 29 2016

    Dear j.anata, Mangaluru / Mumbai,

    RSS man Chaaiwaala is pouring the cheap fuel to fire.

    Because of 60 years we are now economically III largest nation in the world.

    PRESENTLY IN THE NDA/BJP RULE WE ARE SEEING LAWLESSNESS AND CHAOS.

    PARLIAMENT HAS BECOME A SILVER SCREEN DRAMA ACTING LOK SABHA.

    16TH LOK SABHA IS HAVING THE MOST CRIMINALS CHOSEN BY THE ILLITERATES AND THE LITERATE BLIND VOTERS.


    DisAgree [9] Agree [26] Reply Report Abuse

  • mark dcruz, MANGALORE

    Mon, Feb 29 2016

    Please hike the sales tax/income tax/GST/Service tax/Excise duty/Beggars Tax/Road Tax all taxes what ever applicable on common man so that you ca full fill the budget 2016.

    DisAgree [9] Agree [32] Reply Report Abuse

  • Jacob Mendonsa, Melbourne/Australia

    Mon, Feb 29 2016

    Increase in Forex reserve & reduction in balance of payment due to Global fall in Oil prices.
    Increase in foreign exchange reserve due to the highest remittances from NRIs specially from Gulf Countries & not due to exports. Where is Jaitly's efforts & role here?

    DisAgree [6] Agree [28] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Mon, Feb 29 2016

    Sensex has already lost 345 points & I have already lost half of my wealth in the last two years.
    I see no future with this Government, I am off for my Seasta ...

    DisAgree [20] Agree [56] Reply Report Abuse

  • bhuvan, kavoor

    Mon, Feb 29 2016

    budget favouring everybody..but you have problem with that also.. lol

    DisAgree [23] Agree [9] Reply Report Abuse

  • alfria, mumbai

    Mon, Feb 29 2016

    Joot-lees budget has bought cheers in stock market, when he started his budget speech market was down 50 points, half way his speech the market is down now 370 points, by the time he completes I dont know where the Sensex will be.

    DisAgree [6] Agree [32] Reply Report Abuse

  • R.Bhandarkar, Mangaluru

    Mon, Feb 29 2016

    You should thank God that after his budget speech there will be sense and of course 5 S.'X'

    DisAgree [9] Agree [4] Reply Report Abuse

  • shaan, manglore/dubai

    Mon, Feb 29 2016

    INDIA IS AGRICULTURAL COUNTRY.MAKE IT FARMERS FAVOR BUDGET...DONT MAKE IT CORPORATORS FAVOR BUDGET...

    DisAgree [3] Agree [34] Reply Report Abuse

  • R.Bhandarkar, Mangaluru

    Mon, Feb 29 2016

    Mere Ko Lagtaa....
    Aam Aadmi gayo...
    Gayo Reeeeeeeeeeeeeeeeee

    DisAgree [5] Agree [44] Reply Report Abuse

  • Niranjan Kumar, Udupi

    Mon, Feb 29 2016

    You mean to say Jhootey wadey,...

    DisAgree [1] Agree [24] Reply Report Abuse

  • Flavian, Mangaluru/Kuwait

    Mon, Feb 29 2016

    Jossey,

    We need a government which brings relief to common man and also economic developments and not big big speeches.

    When Rupee was valuing 65-66 against US$ opposition and some BJP supporter in D.W. were big noise and were criticizing then congress government. Where are they now and why they are quiet? (especially Jeevan & party)

    DisAgree [4] Agree [47] Reply Report Abuse

  • Ravi C, mangalore

    Mon, Feb 29 2016

    Crores and crores. How many for politicians and how many for public?

    DisAgree [1] Agree [36] Reply Report Abuse

  • stan, dubai

    Mon, Feb 29 2016

    Budget and accounting is a specialized subject.... When our Finance Ministers is reading something why other leaders are making sound...clamping. Just for fun or they understood everything??

    DisAgree [6] Agree [31] Reply Report Abuse

  • Santosh,K, Mangalore

    Mon, Feb 29 2016

    Pre planned Drama!!!!!!!!

    DisAgree [1] Agree [18] Reply Report Abuse

  • bhuvan, kavoor

    Mon, Feb 29 2016

    finger crossed :)

    DisAgree [19] Agree [8] Reply Report Abuse

  • alfria, mumbai

    Mon, Feb 29 2016

    bhuvan, why only finger crossed, wait than you will find everything is crossed, I mean to say the common man cross will be made more heavy by this unpad economist.

    DisAgree [6] Agree [28] Reply Report Abuse

  • bhuvan, kavoor

    Mon, Feb 29 2016

    haha..apreciate your sense of humour..

    DisAgree [8] Agree [3] Reply Report Abuse

  • mohan, mangalore

    Mon, Feb 29 2016

    A big joke is dubling agriculture products, Now there is no agricultural land .Government is selling agricultural land to industries and builders. there is hardly land is available for agricultural. And also due to high labour cost and high fertilizer cost and Very poor returns farmers stopped agriculture now.
    After few years Agriculture will still reduce.

    DisAgree [4] Agree [34] Reply Report Abuse

  • Madhu, Mlre

    Mon, Feb 29 2016

    Hope for the best.Budget should be Pro poor people and common people.People don't need populist budget as earlier sickular parties did and not able to implement .All the best Modi sarkar for ur budget.

    DisAgree [20] Agree [7] Reply Report Abuse

  • Flavian, Mangaluru/Kuwait

    Mon, Feb 29 2016

    Agreed that India’s current economic position is worth considering in the Global scenario but how far common man has been benefiting domestically? Any respite in the consumer price index and added savings out of regular earnings vs spending?
    What about exchange rates against major world currencies. Rupee is on the losing trend. why?

    DisAgree [2] Agree [33] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Mon, Feb 29 2016

    Flavian,
    Stop blaming Jaitley,
    In spite of the Tailor going on leave, Cobbler is doing a fine JOB ...

    DisAgree [7] Agree [32] Reply Report Abuse

  • shaan, manglore/dubai

    Mon, Feb 29 2016

    Hope...Bhai aur Behono,15 Lakh also depositing each citizens Bank accounts..included in this budget ...no prob will wait another 3 years...but need 15 lakh...

    DisAgree [8] Agree [33] Reply Report Abuse

  • Ravi, Kapu

    Mon, Feb 29 2016

    shaan, manglore/dubai
    When SCAMress has looted lakhs of crores, how can u expect NDA Govt to give 15 lakhs??

    DisAgree [32] Agree [11] Reply Report Abuse

  • Ravi C, mangalore

    Mon, Feb 29 2016

    Live in the present not in the past. We wanted change so we have BJP rule. If they too follow Congress or worst than that, what benefit we will get?

    DisAgree [5] Agree [22] Reply Report Abuse

  • shaan, manglore/dubai

    Mon, Feb 29 2016

    I Agree with you...but they have to keep their words & again BJP Should change in minority policy ...being communal dividing society..not a RAJA DHARMA.

    DisAgree [6] Agree [15] Report Abuse

  • JJ, mlore

    Mon, Feb 29 2016

    Shaan,
    after 3 years the value of 15 lacs will be only 1.5 lacs. Maybe you can buy one dozen boothai only.

    DisAgree [1] Agree [18] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Mon, Feb 29 2016

    Give us the Budget Figures and not the EXCUSES ...

    DisAgree [21] Agree [48] Reply Report Abuse

  • Navin Shetty, Manipal/ Bahrain

    Mon, Feb 29 2016

    Since you've decided long back not to agree anything NDA government offers, then why are you in so much eager to see budget? However you're going to disagree on everything.

    DisAgree [42] Agree [21] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Mon, Feb 29 2016

    Navin, give my 15 Lacs now and not after 59 months ...

    DisAgree [10] Agree [37] Reply Report Abuse

  • Ravi C, mangalore

    Mon, Feb 29 2016

    I'm a tax payer in INDIA so concerned too much. It is easy to comment rather than face reality. Every day is becoming head ache for a middle class person.

    DisAgree [7] Agree [39] Reply Report Abuse

  • HENRY MISQUITH, Bahrain

    Mon, Feb 29 2016

    Khul gayee Jaitley ki Potlee!!

    DisAgree [13] Agree [37] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Mon, Feb 29 2016

    Kidhar Ki ...

    DisAgree [12] Agree [29] Reply Report Abuse

  • HENRY MISQUITH, Bahrain

    Mon, Feb 29 2016

    It would be one more budget to please their corporate bosses.

    DisAgree [16] Agree [38] Reply Report Abuse

  • Krish, Dubai

    Mon, Feb 29 2016

    Highlights of PRO CORPOTATE BUDGET.
    1. 100 percent village electrification to be achieved by May 1, 2018
    2. Rs.8.5 lakh crore of agricultural credit targetted in 2015-16, in 2016-17: Rs.9 lakh crore
    3. Tax redumption for house rent increased to 60 Thousand from 24 thousand.
    4. Fertilizer subsidy direct deposit to farmers account.

    DisAgree [19] Agree [12] Reply Report Abuse

  • j.anata, Mangaluru / Mumbai

    Mon, Feb 29 2016

    Line wise items are provided, plus showing live on TV right now

    Then why this intolerance & kolaveri di? Sabr karo, pura mil jayega

    DisAgree [28] Agree [14] Reply Report Abuse

  • alfria, mumbai

    Mon, Feb 29 2016

    What are the items provided line wise, You tell what is there for the common man. Sab bhekoof banane ke chakkar mein hai.

    DisAgree [7] Agree [22] Reply Report Abuse


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Title: Union budget: Cars, air travel, movies, eating out to be costlier



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