Discover and read the best of Twitter Threads about #BudgetDay

Most recents (6)

Here are #5ReasonsWhy the budget matters.
The budget is a bit… slow (no offence @nsitharaman, but there are better ways to spend #1stFeb).
Slow delivery aside, understanding the budget is beneficial. If nothing, you could get something for your #budgetday griping!
Taxation Changes:
Each budget decides the rates of both direct and indirect tax.
With the Union #Budget2023 , Income tax is expected to reduce, raising people’s income.
Indirect tax is expected to rise on fuel, luxury goods and tobacco, reducing demand.
Inflation and Interest Rates:
Rising indirect taxes on fuel may increase its prices, which raises the cost of various goods that use the same fuel as an input. This increase in price may lead to inflation.
Fiscal and monetary plans from the budget control inflation in a country.
Read 7 tweets
Without our shop staff, nurses & bin men during lockdown, we'd have been starving, dead or living in our own sh*t.
Have the Tories forgotten that already?
#Budget2021
It's working class people who've been keeping us alive more than any hedge fund manager.
It's working class people who've been less able to work from home, and therefore more exposed to Covid 19 so...
It's working class people who've sacrificed the most during 2020-1.
#BudgetDay
Therefore statistically...

Middle class: Job + work from home - travel costs.

Working class (unless furloughed/fired) : Job + travel + extra safety procedures + PPE + viral danger + childcare but with less academic support + downgraded A-Levels - Wages.

#BudgetDay
Read 4 tweets
Starting a thread to summarize all the important #Budget announcements with Tata Mutual Fund (@ProfSimple).
Follow along 😀
1. Budget aims to build on Aatmanirbhar Bharat mission amidst changing global dynamics, Six pillars include Health Infra, Physical Infra, Human Capital, Inclusive growth, innovation and Minimum Government - Maximum Governance.
2. Big boost on capital expenditure for FY22. For funding, significant institutional setup planned to execute and monitor monetization of assets owned by PSUs or government undertaking.
Read 19 tweets
#Budget2021: Government's priority is to protect the people and assure continued economic growth - @tzafrul_aziz

#Belanjawan2021
#BernamaBudget2021
The theme of Budget 2021 is "Teguh Kita, Menang Bersama" (In our strength lies our collective victory)

#Budget2021
#BudgetDay
#Belanjawan2021
#BernamaBudget21
Budget 2021 framed based on three key objectives, people's wellbeing, business continuity and economic resilience - @tzafrul_aziz

#Budget2021
#BudgetDay
#Belanjawan2021
#BernamaBudget21
Read 30 tweets
Thread: A green-lensed view on #Budget2021 here...👇
Watch live at budget.gov.ie/Budgets/2021/2…
10.1 billion capital spend is largest ever in a budget, to be allocated to schools, homes and transport infrastructure - promising, but no mention yet on where this fits in low carbon transition.
@Paschald is finally on to #climatechange... Announcing EUR 7.50 incr to #carbontax to EUR 33/t. #Budget2020 increased it by EUR 6.
Read 14 tweets
In order to build #OptionsTrading strategy to make use of #budget volatility, we need to find out what has happened in the previous budget sessions. I did an extensive historical data analysis for the period 2008 to 2019, to find what kind of #TradingStrategy one can use
1/n
This is what happened during the intraday time frame on the #Budgetday for last 10 years of budget sessions.
2008
2009
Read 23 tweets

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