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00:00Welcome to Prathidhwani.
00:03As the Central Budget 2025 is approaching,
00:07everyone's attention is on the unforeseen budget restrictions.
00:10Common people are asking what is decreasing and what is increasing in the stock market?
00:14What are the changes and improvements in income and work rates and slabs?
00:18What are the changes and improvements in income and work rates and slabs?
00:20What are the changes and improvements in income and work rates and slabs?
00:24What are the changes and improvements in income and work rates and slabs?
00:26What are the changes and improvements in income and work rates and slabs?
00:29All these three aspects are now on the one side of February.
00:32The Central Finance Minister Nirmalamma's position has been strongly focused.
00:37Then, from the four sides that are coming as part of the budget,
00:41there are opportunities to get a place in the NDA 3.0.
00:45How is the initial budget going to be in NDA 3.0?
00:49Let us discuss this issue in today's Prathidhwani.
00:51The speakers in the discussion are
00:52V. V. K. Prasad, Financial Services MD,
00:55and Dr. Thirunahari Seshu from the KU Finance Department.
00:59Seshu sir, Prasad sir, Namaste.
01:01Prasad sir, let us start with you.
01:03Sir, in a few days, the NDA Government is going to introduce the budget for the first time in NDA 3.0.
01:09Then, how are the budget priorities going to be this time?
01:12Actually, we all try to highlight the budget in the TV program.
01:18Actually, that is like a passing statement.
01:20What is the difference between then and now?
01:23Before that, there were various types of taxes.
01:25There were sales tax, various types of excise duties,
01:28and many other types of taxes.
01:29All of these were unified and subsumed until now.
01:33Now, when it comes to GST,
01:35there is no need to give so much importance to this budget.
01:39Why?
01:41Because the budget is decided by the Finance Minister.
01:46He cannot make his own decisions regarding GST.
01:50Because there is a separate council for that.
01:52They meet regularly.
01:54According to the consensus, all the people from all the states come together and decide.
01:58So, the Finance Minister has a little less right to do so.
02:02Otherwise, there is direct taxes.
02:04Even in direct taxes,
02:06even though they say that they will make it very easy,
02:10they say that they have made it difficult.
02:12Practicing chart accountants and SSEs say so.
02:14In the last 50 days, the Finance Minister has to make sure that the economy in our country is kick-started.
02:38There is a little instability.
02:40If we want to revive it, we have to say what decision to take.
02:44Because giving a budget is different and taking care of it is different.
02:46For example, in the last year,
02:48they gave an interim budget and then a final budget.
02:52After that, if you look at the capital expenditure,
02:56it is very unfair.
02:58If you look at what they have done so unfairly that no one can imagine,
03:02by the end of November and December,
03:04the central government has spent only 48% of the budget.
03:12Similarly, the central government and state governments,
03:16for example,
03:18if you give a capital expenditure of 50 years,
03:20the GDP will increase.
03:22They have not released loans to them.
03:24Now, they have opened their eyes so late and said that
03:28we will relax all those conditions and give it to you too.
03:32Because of that,
03:34there will definitely be a proposal in this budget.
03:36In my opinion, it will definitely be there.
03:38So, we have to say that such policies will not be useful again.
03:42If not,
03:44the government is the biggest spender in any country in the world.
03:48If they spend a lot,
03:50all companies, all businesses,
03:52all sectors will have the opportunity to get a little money.
03:54The economy will be greased.
03:56If that does not happen,
03:58the GDP will definitely fall.
04:00Since it has come to 5.4% in December,
04:02it looks like it has already risen a little in December.
04:06Because when the government spends,
04:08the private sector also plays a role.
04:10But if the government is careful,
04:12the private sector will not come forward.
04:16So, it should definitely be addressed.
04:18Along with that,
04:20employment generation.
04:22We can talk about that later in this discussion.
04:24In my opinion,
04:26we should focus more on this.
04:28When we look at the sectors,
04:30who is responsible for the budget?
04:34Whenever the budget is introduced,
04:36there will be influential people in the budget.
04:38Influential people are always looking forward to the budget.
04:42Among those influential people,
04:44there will be mainly the people who are responsible for the budget.
04:46When the budget is introduced,
04:48the people who are responsible for the budget
04:50are the people who are responsible for the budget.
04:52The people who are responsible for the budget
04:54are the people who are responsible for the budget.
04:56The people who are responsible for the budget
04:58are the people who are responsible for the budget.