Sunday, February 15, 2009

Interim budget

This is the third budget in the last few months with the world hit by a slowdown. This is the last stimulus budget before the elections. So what to expect from it. The previous two budgets are an indication of it. This one since it is the last one before elections maybe the best in terms of tax exemptions etc. Anyway the expections are very high and it doubtful if it will live upto it.

Anyway, the share market is down as I had mentioned yesterday in my blog. Even after the budget is announced it is doubtful if it will come up. Anyway good luck.

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