Great Gamble: FM Nirmala Sitharaman bets on surge in IT Collections, Pvt sector spending in Budget – The Times of India
Nirmala Sitharaman’s 8th consecutive Budget – a record – bets on a consumption expenditure boost from tax giveaways, the largest ever in absolute terms, and yet banks on a big jump in income tax revenue to lower the fiscal deficit. The Budget was clearly a response to the govt sensing middle class angst. The FM…