Union budget and the middle class economics
Hoi,
Indian Finance minister, Sitharaman, while presenting the union budget a week ago said that the country is expected to grow at 9.27% in coming year and another highlight about budget was related to crypto; gains from crypto currencies are taxable from now on.
Many people who have already lost money in crypto related market are severely disappointed, remember race 3 (stigma to dystopian civilisation;) "our business is our business, none of your business" , seems like we can smell the inspiration where this finally lead to (lol) "your loss is your loss, your gain is ours". Meanwhile many experts firmly support the idea of taxation on crypto gains.
Also it would be nice if our economists can explain how on earth this 38 pages PDF of union budget can reflect our real world's daily activities, likewise, when did my friend would understand that 200₹ bill split as 100 each between two people, not 150 & 50, I doubt if he is exceptional lawyer or economist in disguise, he still get me convinced.
Many people will argue that, this is what we called the 'middle class economics', understanding it is not everyone's cup of tea. Of course misunderstanding of it is quite common here and don't get me started about its misinterpretation (ha ha..)
Last few days were exhausting for me, due to travelling and obsession of institutes for 'kagaz dikhao' attitude, and February is not even close to what I imagine event wise; our beloved singer, human being Lata mangeshkar's demise hurt us personally she was truly the kind of talent and icon that must be celebrated and idolized as a celebrity. RIP.
And you people stay tuned for watching GDP taking its shape with 9.27% growth rate until any financial agency play 'not shy anymore' card 😂.
Be safe and happy.
" What happened to Gary Cooper; the strong silent type"
- Tony soprano
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