Sandeep Shanbhag, a chartered accountant and director of Wonderland Consultants, a tax and financial advisory firm, discussed the impact of Budget proposals in a chat with Rediff.com's readers.
The Congress party's only hope now lies in its desperate wish that an unstable conglomerate of non-BJP, non-Congress parties comes to power with its support and collapses within a couple of years by which time the party hopes to salvage whatever it can from the debris of 10 years of the UPA's incumbency, says Saroj Nagi.
Despite criticism of a lack of transparency and communication from the Modi-led government, BJP leaders point to "good beginnings" on several fronts to defend its performance. Sheela Bhatt/Rediff.com reports.
'India cannot expect to be insulated from the crisis. Europe is India's biggest trading partner with two-way trade of E72.5 billion or Rs 530,000 crore last year,' says Paranjoy Guha Thakurta.
Sandeep Shanbhag offers tips on post Budget taxation rates.
"The poor will not suffer disproportionately due to bouts of sharp inflation, and the middle class will not see its savings eroded," Raghuram Rajan said.
The full transcript of the exclusive interview with Prime Minister Narendra Modi.
In a marathon address to the nation from the ramparts of the Red Fort, Prime Minister Narendra Modi on Saturday underlined India's unity and diversity and the progress of his 15-month-old government's policies.
An exercise to rationalise coal linkages which will optimize transport of coal and reduce cost of power is underway.
'India is part of our strategic and economic future,' says Richard Rahul Verma, the first Indian American to be appointed US Ambassador to India.
Few readers will remember the socialist utopia of Indira Gandhi when food queues were the norm even for the middle class and tankers supplied water at odd hours of the night twice a week. Is that what you are trying to return us to, dear Congress, asks Jaideep Prabhu
'The Congress can't return to power unless it reins in prices, lowers interest rates, taxes the rich,' says Praful Bidwai. 'If this means sacking those most responsible for the UPA's pro-big business policies including Finance Minister Chidambaram, so be it!'
A theory that is doing the rounds is that with election nearing, this depreciation of the rupee will allow politicians of all hues to bring back their ill-gotten wealth.
65,000 Sri Lankan Tamil refugees still live in Tamil Nadu. Rediff.com's A Ganesh Nadar discovers the challenges for the refugees to return home.
Prime Minister Narendra Modi, who recently completed one year in office, has, in an exclusive interview with Smita Prakash, editor, ANI, said the opposition alleging that his government is a "suit boot ki sarkar" is definitely better and more acceptable than being labelled a "suitcase" (ki sarkar), and satirically added, that after ruling for sixty years, the Congress has suddenly remembered the poor.
Read the full transcript of President Obama's State of the Union address on Wednesday at the US Capitol in Washington.