Organisation & Society
Where rich get richer ,. Poor get Poorer . Such is our budget !
Chkout my new video where i suspect the Union Budget 2019 and which stocks will benefit out of the same.
We must agree with Kiranjee on all aspects what she has said, except on Corporate taxes, and to say that reduction in cor. tax is needed for mobilising investment resources is not correct. Why should they not go for ECBs why should they depend only on internal accruals. Being a shareholder of biocon since its IPO, its strange that they declare profits but they do not declare dividends, which is a wrong policy. There is no fun in issuing bonus shares, which just increases the liquidity of the shares in the market. They must have a proper dividend policy and look for debt for expansions.
The budget that is presented by the Finance Minister is nothing but a desperate budget. in a sense it has made a common man more desperate in terms of earning income .because our income will go more to Texas .no encouragement that has been shot out by Finance Minister stupid budget
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