Yet another budget. A retrograde one at that. The government is the most inefficient user of money, any increase in flow of money through the governmental system only creates more "babus" who don't work. Literally make you cry when you visit them.
The loss to the economy is phenomenal whenever there is a massive increase in government spending.
0.1% tax on cash withdrawal of Rs 10,000 from banks on a single day.
The tyrannical government that doesn't tell us what does it do with thousands of crores of rupees it puts into so called social upliftment schemes wants to tax cash withdrawals of more than Rs 10000 ( about $225).
What this will do is push more money out of the banking system into the parallel money market.
Heck! what comes next 97% income tax.