As is human nature, we place high expectations on our governments. Especially those running on a massive mandate, have too many promises to keep.
Our government though has a lot going on. Given the connected world we live in, our economy is not immune to global challenges. There are a bunch of domestic challenges too. Businesses want GST to take shape, while the common man wants more money in their pockets. Keeping 1.2 billion people happy is not an easy job. What then is a reasonable expectation from the finance minister this budget, let
1) Tax on FD in Bank should be abolished, as people are keeping Tax-paid money in bank and again giving interest on interest.
2) Tax on Recurring Deposits should go.