Budget is out!
Chidambaram looks mighty pleased with him. Stock Market zooming. Though the biggest gainers/ losers list seems a little inconsistent. I like the way the government assumes that just by hiking allocation for social infrastructure/ development projects, the objective is met. Why celebrate now when the damn egg is still inside the blood hen?
Interestingly, a new tax has come in. If you withdraw Rs 10,000 or more on a single day there is a tax of .1% to be payed. Don’t know how this makes sense in case it’s a Joint Account (Either, Or Survivor)or if it’s a Current Account.
Tomorrow, we’ll have a nice post about this okay?
