Union Budget 2018

[Varunkfdd]

Can someone explain what is the need of hike of President (1.5 -> 5L) , VP (1.25-> 4L) & Governor(1.10 -> 3.50L) salary ?? For doing hard work ??

Not increasing individual Person income tax slab from 2.5L ?? For giving economy to our country ??

Thats what I say
"Richer keeps on getting richer"

 

[RK3394]

This is due to overconfidence of NDA government that they will win win in 2019 election that is why they didn't provide any relief to people(rather increased burden)

Bro, they cannot male all 1.3 billion people happy and satisfy all. last budget IT slabs were reduced, this time its for farmers and others.

And what overconfidence ??? If they have done good work they will win for sure. People are seeing the changes, some reforms take time to show change.

 

[Varunkfdd]

Bro, they cannot male all 1.3 billion people happy and satisfy all. last budget IT slabs were reduced, this time its for farmers and others.

And what overconfidence ??? If they have done good work they will win for sure. People are seeing the changes, some reforms take time to show change.

Got trolled!

 

[RK3394]

This is something new

MPs Cannot Fix Their Own Emoluments, New Law Proposed For Automatic Revision Of Salaries Based On Inflation Index

 

[Amit1079]

What about Fuel???

 

[RK3394]

What about Fuel???

It will come under GST in 3 months.

As of now Excise Duty has been reduced

 

[Sarkar]

Can someone explain what is the need of hikeed President (1.5 -> 5L) , VP (1.25-> 4L) & Governor(1.10 -> 3.50L) salary ?? For doing hard work ??

Not increasing individual Person income tax slab from 2.5L ?? For giving economy to our country ??

Salary of Govt employees cannot be more than president, but that rule does not apply to companies as they can offer higher pay, so companies are offering higher pay and getting meritorious students from campus job but Govt sec is unable to attract those students as a result top PSU/Govt officials are lagging in leadership and innovation.

This is what Dr Raghuram Rajan said in one of his interview :

Only way to attract those students is to offer better packages for Govt post and that cannot be possible without increasing salary. Here Dr Raghuram Rajan(previous RBI Governor) brought the huge pay difference between SBI/RBI officials to their Private counterpart like HDFC/ICICI.

SBI Chairman Arundhati Bhattacharya took home Rs 28.96 lakh last fiscal, In comparison, ICICI Bank MD and CEO Chanda Kochhar received in FY17 Rs 6.09 crore.

HDFC Bank's Managing Director Aditya Puri saw his remuneration rise marginally to Rs 10 crore and exercised stock options worth over Rs 57 crore during the last fiscal.

 

[Sai Jai]

Salary of Govt employees cannot be more than president, but that rule does not apply to companies as they can offer higher pay, so companies are offering higher pay and getting meritorious students from campus job but Govt sec is unable to attract those students as a result top PSU/Govt officials are lagging in leadership and innovation.

This is what Dr Raghuram Rajan said in one of his interview :

Only way to attract those students is to offer better packages for Govt post and that cannot be possible without increasing salary. Here Dr Raghuram Rajan(previous RBI Governor) brought the huge pay difference between SBI/RBI officials to their Private counterpart like HDFC/ICICI.

SBI Chairman Arundhati Bhattacharya took home Rs 28.96 lakh last fiscal, In comparison, ICICI Bank MD and CEO Chanda Kochhar received in FY17 Rs 6.09 crore.

HDFC Bank's Managing Director Aditya Puri saw his remuneration rise marginally to Rs 10 crore and exercised stock options worth over Rs 57 crore during the last fiscal.

I'm talking about 15k/m employees not 1.5L/m employees

 

[Sarkar]

I'm talking about 15k/m employees not 1.5L/m employees

I am telling you the reason to increase salary limit of president/governor/vice president as you asked the reason for increasing their salary :smile:

 

[Sai Jai]

I am telling you the reason to increase salary limit of president/governor/ vice president as you asked the reason :smile:

Hmm