EDITOR'S COLUMN
Friends We are into the new financial year beginning this April. The first full union budget was presented by the Finance Minister. By now, it has comprehensively been dissected by all those interested groups of stake holders, especially the haves with their network, to get more out of the system. The charge that BJP, the main party in the National Democratic Alliance (NDA) is a friend of business class has come to stay. Despite its anchors in TV debate and ministers and members of parliament making all kinds of noises for the government and its budget being people friendly, the perception that it has the interest of business and corporate houses, has really stuck. While there was not much for the aam aadmi to celebrate in the central budget for 2015/16, the expectation of exemption limit increase was bellied. But the increase in service tax is going to hurt across the board. Instead of dropping wealth tax, there could have been rationalization of service tax regime on, what...