All Union Budget speeches sound good. They highlight the positives and contain many announcements of schemes and financial benefits, especially for the poor. As usual, much depends on the finer print and how things play out. The one presented last week is no different.
Last year, the Budget estimated? 2,450 trillion in Customs revenue. The revised estimate is? 1,352 trn or 55.2 per cent of this. The reason probably is the withdrawal of additional duties of customs on items covered under goods and services tax (GST)
The revised estimate for the current year in Central GST is? 2,214 trn but the estimate
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