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Budget 2010 - Leading India towards world economic power

Published on Fri, Jun 05, 2009 at 14:28 |  Source : Moneycontrol.com

Updated at Thu, Jun 18, 2009 at 21:51  

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Budget 2010 - Leading India towards world economic power

According to Col Ajay Jain, CEO of www.astromoneyguru.com , the Budget is an important financial document for the next one year. The Union Budget of India lays down guidelines and pronouncements on different types of taxes, financial allocations for various heads as well as developmental plans for different sectors. The Budget is also an important source of information on government finances that shows which way that's heading.

Every year, before the Budget is presented, there are expectations from people all over the country, industry and the masses alike.

There are a few concerns and challenges such as inflationary pressure from food and oil, slowdown in the growth rate of the economy from the previous years and increasing fiscal pressure. The Congress party-led United Progressive Alliance (UPA) government is expected to give an overview of the economy and highlight its economic achievements, at the time of Budget 2010-11announcement on July 3, 2009.

As per Financial astrology, year 2010-11 is represented by figure two and three. Moon and Jupiter are the key planet for figure two and three. During the Budget, three major planets will be in very good conditions-Mercury will be in Gemini, Mars will be in Aries, Venus will be in Tarus, while Jupiter will be accepted by Saturn from Leo. All these combinations of planets are most favourable for telecommunications, power, higher educations, woman educations, real state, media, banking and infrastructure sectors. Special considerations for oil sectors are also expected.

Continued on the next page...

  

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