India budget 2024-25 highlights: Major overhaul in direct and indirect taxes | India news | WION

India, with its long history, traditions, religions, and the social and cultural structures formed around them, is unlikely to change its caste system by nature. This system has already determined that the rich will become richer and the poor will remain poor. Although India defines its middle class as large, when compared to standards in developed nations, it is actually quite small. As a result, the majority of the population is very poor. The few rich individuals cannot spend enough to drive the country's economic consumption. Since India's growth largely depends on internal consumption, this lack of broad-based consumption will eventually slow the country's growth, making a 7-8% growth rate unsustainable.

Peanuts🤣😭

How can it be cheaper "? College owners have already hiked fees today to increase their profit, So students will not benefit from the bank loan & subsidy scheme. In January 2024, when the solar ROOF top panel subsidies were hiked, manufacturers increased the price of solar panels, resulting in net outflow for consumers. The cut in taxes and subsidies without freezing the prevailing price IS TO HELP THE RICH ONLY. BTW, in which college the students will join to study with a Rs 10 lakh loan when there are no world-class universities in India to replace foreign study and parallel part-time jobs. Is it to support Ambans who has set up colleges? Education loan burden is aBIG CURSE already on the students who are struggling to repay loans without jobs and underpaid jobs. Why should consumers buy Gold by paying taxes? FM-headed Customs department has been liberally closing its eyes, to allowing gold smuggling by the Malppuraam community, in huge quantity, daily.

Common man will die adani become richer