Trumphatic and Unpresidented!!!
Donal Trump takes oath as the 45th US President and seems to makes strides on his declared agenda using his executive powers to repeal 'Obama Care'. The tone of the official twitter account hasn't changed any hues as it continues the Donald way. Revellers attending the swearing-in ceremony got a rude shock when the caps with caption of "Make America Great Again" were tagged with made in Bangladesh/Vietnam/China. So, the world continues to watch what the new administration unravels going forward on major economic & foreign policy issues.
History sure, could it be Dream?
This budget is already a history in the making for advancing the date by an almost a month and relegating more than a century year old tradition of separate railway budget. But, would it turn to be a dream one with more relaxations and exemptions especially coming back of the demonetisation drive and ahead of the crucial state polls. Like always, the common man has more expectations on the budget deliverables but any changes in the capital gains taxation could trigger an equity market turmoil in the short run. The roll-out of GST and the govt. commitment on this would be keenly observed.
History sure, could it be Dream?
This budget is already a history in the making for advancing the date by an almost a month and relegating more than a century year old tradition of separate railway budget. But, would it turn to be a dream one with more relaxations and exemptions especially coming back of the demonetisation drive and ahead of the crucial state polls. Like always, the common man has more expectations on the budget deliverables but any changes in the capital gains taxation could trigger an equity market turmoil in the short run. The roll-out of GST and the govt. commitment on this would be keenly observed.
