My Budget: Prahlad Kakar

Prahlad Kakar
Business Standard
Last Updated : Jul 11 2014 | 1:26 AM IST
What is the most striking feature of the Budget?

The government's decision to increase the personal tax exemption limit to Rs 2.5 lakh from the current Rs 2 lakh clearly stands out. The move is a populist one and will bring cheer to the middle class. However, the imposition of hidden taxes remains a problem.

What could have been better?

An urgent overhaul of the agricultural sector was the need of the hour. Farmers should have been provided free water and electricity so that they become self sufficient and contribute to the growth process.

Prahlad Kakar, Ad film director
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First Published: Jul 11 2014 | 12:04 AM IST

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