The (Few) “People’s Budget”
The budget this year has been touted as a middle class friendly budget. The proposal of no income tax for those with yearly income up to 12 lakh rupees was celebrated across news rooms...
Maharashtra State Budget 2024-25 | An Analysis
Budget Allocation Analysis Based on % of Total Expenditure This analysis reviews the annual budget distribution of Maharashtra’s Tribal Component Scheme (TCS) across crucial sectors impacting tribal communities from 2020-21 to the projected budget...
Union Budget 2025: Missed Opportunities and Misplaced Priorities.
The 2025 Union Budget is more than an economic plan—it’s a pre-election strategy designed to secure votes, especially in Delhi and Bihar, where elections were announced. With a large portion of Delhi’s voters comprising the...
Budget For National Social Assistance Programme Remains Stagnant Yet Again
As expected, the budget for the National Social Assistance Programme (NSAP) – a crucial centrally-sponsored social security scheme that provides non-contributory pensions to the most marginalised populations including the elderly, widows, and persons with...
पर्यावरण संकट को लेकर बजट प्रावधान नाकाफी
वित्तीय वर्ष 2025- 26 में बजट अनुमान 50,65,345 करोड़ रुपए का है। जिसमें केन्द्रीय पर्यावरण,वन एवं जलवायु परिवर्तन मंत्रालय को 3412.82 करोड़ रुपए का आबंटन किया गया है जो 2024-25 के प्रावधानों 3330.37 करोड़...
The Ostrich Budget: An Analysis of the Union Budget 2025-26
A reading of the budget and the Economic Survey is a crucial exercise to understand the direction that the economy is taking. It gives a sense of how responsive is a government to the...
Budget 2025: Income Tax & the Growing Inequality Gap | Finance Matters, 25 January 2025 | Editorial
The Union Budget is only a few days away and speculations that the Income Tax will be reduced is high.
The Finance Minister has a great opportunity to amend the tax structure. Will she do it?
Peoples Commission on Public Sector and Public Services has issued a statement on tax structure which the Finance Minister should look into. All over the world there are changes proposed in the tax system...
The Budget Series
Budget 2025: What’s at Stake?, a series co-produced by The Wire and Centre for Financial Accountability Episode 1The Economic Rights Every Indian Should Have | Prabhat Patnaik (Senior Economist) Episode 2Budget 2025 Needs to...
How NHM Budget Cuts Directly Hit ASHAs, Impact Public Healthcare
By ensuring the financial well-being of lakhs of ASHA workers, India can unlock the full potential of NHM and strengthen the public healthcare system.
A Social Autopsy: Navigating Rhetoric and Realities in the Interim Budget
Finance minister Nirmala Sitharaman used the interim budget before Lok Sabha elections to highlight the ‘achievements’ of her government over the last ten years. She also outlined the new direction that the Bharatiya Janata...
Interim Budget or Report Card? Claims and Reality
The Interim Budget 2024 created a lot of expectations as it is presented in the election year. But did it fulfil them, or did it fulfil any other promises made earlier?
Federalism Under Attack; Will The State Wither Away?
India is a federal union of states. Without the states there is no union.
Budget 2023-24 has Chilling Implications for India’s People | The Money Trail
At a time when the poor majority of the country needs the most support, the government has abandoned them. Cutting down almost all the social welfare schemes and reducing allocation to some key sectors,...
When less than 4% of Indian dollar millionaires pay income tax
In FY18, the last year for which disaggregated income tax data is available, only 29,002 ITRs declared income above Rs 5 crore, while Credit Suisse said India had 7.25 lakh dollar millionaires (the wealth...
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