 "Illustration by Binay Sinha")
Union Budgets are forgotten quickly. Nevertheless, it should be interesting to test by comparison and contrast this government’s Budgets thus far. Were they consistent; or did they intensify or abandon earlier goals, shifting policy stance? With this in mind, I consider selected aspects from the 2015-16, 2016-17, and 2017-18 Union Budgets.
The primary concerns in Budget 2015-16 were to address negative aspects of taxation introduced during 2009-12 that had led domestic and foreign investment decisions away from Indian shores. Various retrospective amendments had sunk India into a global depth as a poor place to invest. The government that had coined
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