Virbhadra Singh flays union budget
Terming it as totally disappointing and disheartening budget, he said it was the budget of mere promises and commitments in which interests of the common man had been completely ignored. It had imposed additional taxes of Rs. 22000 crore which would be a heavy burden on common man whereas benefits of Rs 8000 crore had been given to the corporate houses.
“The rise in service tax from 12.36 to 14 percent will lead to increase in prices of commodities thereby directly affecting the common man. Besides, raising the education cess would also cost the pocket of people. The income groups were hoping for increase in income tax slab bit it totally remained untouched thereby forcing the middle and salaried class to save less as the household financial savings would stoop low,” Virbhadra Singh said.
The Chief Minister said the budget was neither populist nor growth oriented and fails to create an impact on the masses. It was a budget of hollow promises and the call given for ‘houses for all’ was a far distant dream, he said.