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Budget 2016: Describing the FM Arun Jaitley's Budget 2016 as a 'name changing exercise', Congress MP Shashi Tharoor said there are 'alarming contradictions' as the budget tries to satisfy the interest of Narendra Modi as well as the foreign rating agency Moody’s. (Reuters)
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1. Budget 2016: Shashi Tharoor said, "This budget falls between two stools, between sending reassuring signals to the rating agencies abroad and sending even more reassuring signals to voters at home. In other words, it tries to satisfy both Modi’s interest and Moody’s interest." (Reuters)
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3. Budget 2016: Shashi Tharoor indicated that the government has been meeting its fiscal deficit targets on the back of the aam aadmi instead of boosting the real incomes of the poor by cutting indirect taxes. (Express photo)
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7. Amit Shah: When asked about a Supreme Court observation that merely raising anti-India slogan is not treason, he shot back, saying that the same court had once said that calling Congress activists goondas was also treason. Congress was in alliance in Kerala with Muslim League, which was responsible for India's partition, Shah said. At this Congress MP Shashi Tharoor, who was seated among the audience rose and defended the alliance, saying the Muslim League in Kerala was different and was founded after the partition. Tharoor said its policies were not communal. (Express photo)
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5. Budget 2016: Shashi Tharoor said, "We have often said this is not a game-changing government. It is a name-changing government." (PTI)
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6. Budget 2016: Shashi Tharoor said, “You are not getting your economics from Baba Ramdev. The black into white scheme of the government has identified only Rs 3,770 crore of undisclosed foreign assets, which boils down to 30 rupees for every Indian instead of Rs 15 lakh per person promised to us. But, of course, we have been informed by the senior leader of BJP that this is only a jumla and we should not take this figure too seriously." (PTI)
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7. Budget 2016: Shashi Tharoor said, "Tax exemption on profits for startups is a far cry from the much-needed rationalisation of tax on angel investors. In fact, because more startups are there, let us face it, do not, actually, book profits in the first few years of their operation. So, telling him you do not have to pay tax on profits makes no difference because they do not have profits anywhere in the beginning. What you really need is to give angel investments, which are the bread and butter of these cash starved start-ups, give them a removal of the angel tax which would have, actually, strengthened the start-up eco system," he said. (PTI)
