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Lower Prices of Essentials in Budget

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Lower Prices of Essentials in Budget For women cop PAGE Home minister Mahmood Ali says 17 mobile restrooms are being deployed City 8 for women police officers on bandobust DECCAN CHRONICLE SATURDAY | 1 FEBRUARY 2020 | HYDERABAD IN BRIEF BUDGET WATCH Sewage board postpones event Lower prices of essentials in Budget Hyderabad: The ‘Meet your MD and dial your MD, HMWSSB’ programmes, which were to be held every City family with annual income of `4.4 lakh rues they still cannot afford a vacation first Saturday of the month, have been postponed. The SANJAY SAMUEL next date will be intimated PAUL | DC shortly. HYDERABAD, JAN. 31 Amos Lentin, a 40-year-old Budget should abolish graduate, who started as a SURVEY: 52% salesman, has now been working for an MNC, WANTS RISE IN which is a BPO, for a current taxation system decade. Amos’ current annual income is `4.4 CUSTOMS DUTY lakh. He is married to Shailaja, who did her BA, Family with annual income below `15 lakh DC CORRESPONDENT B. Ed and was working till HYDERABAD, JAN. 31 she gave birth to their first finds its difficult to deal with rising inflation child. The couple has two RAJESWARI PARASA I DC Education is important for everyone as it In a survey on Local Circles, children, both studying in HYDERABAD, JAN. 31 nearly 52 per cent of the a private school. moulds one’s future. Given this crucial aspect, respondents support an Life for Mr Lentin and Abolition of the existing there should be more budgetary allocations for increase in customs duty for his family is tough. Asked taxation system and intro- education. Besides there should be strict rules to non-essential goods. about his expectations duction of Banking regulate private sector and they should put an end The survey, which was con- from the Union Budget Transaction Tax is one of ducted in view of the upcom- 2020, he said he wanted the the biggest economic poli- to collection of exorbitant fee. ing Union Budget, assumes prices of petrol and essen- cy decisions that Surana — JITHENDER SURANA that the government will tial commodities to come family, which has a 150- Financial analyst impose restrictions on imports down, as they are the year-old legacy that of non-essential goods. biggest burden for middle- stretches to various busi- ■ Jithender Surana wants the government to Out of close to 22,000 citizens class families. The Lentins nesses, is expecting from who participated in the survey, live in Hydershakote, pay- the government. implement some of the proposal mendtioned in 26 per cent said these customs ing a rent of `8,000 per Á ‘well-to-do’ family with ‘Arthakranti proposal’ of economy to be imple- duty plus IGST rates on non- month. an average annual income mented in the country. essential goods should be They opted for this area of `10 lakh to `15 lakh is maintained while 21 per cent because it is on outskirts Amos Lentin clicks a selfie with his family finding it difficult to deal said it should be increased by of Hyderabad and rentals with the rising inflation Budget, only 3.4 per cent would become cheaper by 25 per cent. Another 19 per are much more reasonable rate that is resulting in was allocated for educa- 35 to 52 per cent and there cent of the respondents said than in the city. The couple price hike while making tion, which was 3.74 per won't be any question of the rates should be increased has one dream – to give education and fuel unaf- cent in the Budget before tax evasion. With no scope by 50 per cent and 12 per cent their children the best of fordable, said financial that. “Despite dealing with for black money, it will said these rates should be dou- education, which, they say, Driver wants govt to make analyst Jithender Surana, everyday financial hur- boost business sector as bled. However, 18 per cent of is quite expensive. Mr 49, who is managing a dles, what is steadily well. the respondents said that the Lentin is trying hard to go joint family in the city increasing is the price of And instead of existing customs duty plus IGST rates abroad, the only motive along with his wife, Ms fuel. We spend around `15, taxes, the Arthakranti should be reduced. being good money, so that pvt education free for girls Shailaja Surana, who is 000 on fuel alone for a two- proposal insists on According to the Local his family can afford a vice-principal in a private wheeler and a four-wheel- Banking Transaction Tax Circles, non-essential imports comfortable living. school. Mr Surana has er that we have,” added Mr of 0.7 to 2 two per cent. from China amount close to `4 As the month starts, the Family with `20K income wants cheap goods recently admitted his son Surana. According to the proposal, trillion a year, creating a huge family spends around into a business manage- He thinks that some of it would generate more trade deficit. These imports `15,000 on groceries, milk, DC CORRESPONDENT ment course, which is cost- the points from ‘Artha- revenue than the existing have continuously been rising electricity, cooking gas HYDERABAD, JAN. 31 ing more than `1 lakh per kranti proposal’ of econo- taxation system. over the years giving tough and water bills, apart from semester. “Education is my to be implemented in And it requires no sepa- and unfair competition to `3,000 on petrol for his Can there be free educa- important for everyone as the country. rate machinery like Indian businesses. bike and `6,000 on month- tion for girls in private it moulds one’s future. On the taxes that ought income tax department The centre may be gearing up ly EMIs for household elec- schools, asks 52-year-old Given this crucial aspect, to be scrapped, it is and tax amount would be to place restrictions on the tronics that they have Allakosa Raju, an there should be more believed that it should directly deposited in State import of non-essential goods, bought. Jennifer, the elder autorickshaw driver ply- budgetary allocations for result in increasing the or Central or District a move primarily aimed at daughter studying in ing his vehicle every day education. Besides there purchasing power of the administration account curbing imports of non-essen- Class 6, is the class topper. from the wholesale Monda should be strict rules to family as they would bring immediately. As transac- tial items such as toys, plastic She wants to become a Market in Secunderabad. regulate private sector in more salary to home. tion taxes would be less, goods, sports items and furni- doctor. Son Joel is in Raju’s response came and they should put an This will also mean all the public will prefer it to ture, especially from China. Class 3, likes cricket and when asked what his end to collection of exorbi- commodities including paying huge direct and When asked their view on the is a crazy fan of Virat expectations are from the tant fee.” In the 2018-19 petrol, diesel, FMCG indirect taxes. proposal to place restrictions Kohli. The family spends Union Budget 2020. on duty-free purchase of sin `8,000 on school fee. His brings in mostly goods like alcohol and ciga- A major grievance of Mr small-time vendors who moved to Dammaiguda through. I am sending rettes. 36 per cent said the Lentin is that he cannot come to pick up vegeta- near ECIL. them to a private school existing limits of 2 litres alco- afford to take his family on bles from Monday Market He found it difficult pay- because they get a better hol and 100 cigarette sticks a vacation. Whatever he and sell them in their ing the monthly rent of education there. The daily should be continued while 29 earns lets them have a respective areas. After `4,000 in Sitaphalmandi use groceries, apart from per cent of respondents feel hand-to-mouth existence. dropping them at the mar- and educate his daughters soaps and detergents, the duty-free limit should be The salesperson feels the ket, he picks up regular too. His rent now is `1,500. have become very expen- halved cost of living in the coun- passengers. He has been Most of his monthly sive. try has become too expen- doing this since last 12 income of `20,000 goes My fuel prices too have ■ About 18% of respondents sive in recent times. It is years earning, on an aver- towards educating his been rising all the time. said that the customs duty tough living for a common age, `600 to `800 a day and daughters, and the rest for Luckily, it is my own auto, plus IGST rates for non-essen- man. Even the television educating his three groceries and rent. which I bought taking cable connection, which daughters studying in As how his business is, bank loan. Otherwise, it tial goods should be reduced. was `150 earlier, is now tenth, eighth and seventh Raju says as weekly veg- would have been very dif- ■ The Centre government `350. The salesperson in a private school. His etable markets have start- ficult for me to pay daily may be gearing up to place wants the government to wife is a homemaker. ed in many localities, not rent for the auto. restrictions on the import of provide health benefits for Raju is a smart worker many vendors are coming When asked what his non-essential goods, a move middle class also, so that who started his career as to Monday Market to buy expectations from the gov- they too can avail health- a helper in a kirana shop.
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