Tuesday, February 23, 2010

Savings are an essential ingredient of our economy

Easing aam aadmi's burden

With every annual Budget there is a growing expectation that the Finance Minister may provide some tax relief for the aam aadmi or the common man. And the inflationary pressure, especially in a changed economic environment, accentuates such an expectation, observes R. Anand, Tax Partner, Ernst & Young. He adds, however, that any fiscal stimulus is a tightrope walk for the Government.

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