Modi’s Middle Finger to the Apology Budget

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Modi’s Middle Finger to the Apology Budget

Illustration: Akshita Monga

T

his morning, Arun Jaitley presented the Modi government’s fourth budget, one that was widely expected to be an “apology budget”. After all, didn’t Modi & Co owe us an apology for the demon of demonetisation that they unleashed on us? For making our 80-year-old grandmothers stand in serpentine queues at ATMs that we would not even stand in for at H&M?

So when “media experts” yelled for an apology budget, we joined in. Let’s bring standard deduction back, let’s raise income tax exemption from ₹250,000 to ₹400,000, let’s slash tax rates across the board, let’s raise the 80C limit from ₹150,000 to ₹200,000. And hey, while we’re at it, why not do away with income tax entirely?

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