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Aswin Profile picture
Aswin
@aswinpalanivel
Views are personal and do not represent views of any professional organisation I may be attached to. Retweets and likes are not endorsements.
Sep 21, 2019 • 22 tweets • 4 min read
With all the hype around the tax rate reduction now having died down, it is worthwhile to explore if there is any tangible benefit from the announcements. 1/n An FM and government that have repeatedly refused to acknowledge any negatives and commit to a fiscal deficit, suddenly openly talking about a 1.4 lakh cr revenue foregone can only mean one thing - they have finally woken up from their dreams on meeting fiscal deficit targets 2/n