https://www.taxtmi.com/news?id=69310 The commentary argues the government lacks fiscal surpluses to fund redistributive programmes and that budgets of the past eleven years have failed to target the underprivileged. It links the rupee's depreciation to higher import costs for oil, manufactured goods and agricultural inputs, intensifying price pressures that disproportionately harm low income households. The author urges the budget to prioritize resource transfers and targeted spending to reduce economic pain, warning that headline growth alone does not improve per capita incomes or living standards without deliberate fiscal redistribution. en-us Sat, 31 Jan 2026 16:46:03 +0530 Sat, 31 Jan 2026 16:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=69310 The commentary argues the government lacks fiscal surpluses to fund redistributive programmes and that budgets of the past eleven years have failed to target the underprivileged. It links the rupee's depreciation to higher import costs for oil, manufactured goods and agricultural inputs, intensifying price pressures that disproportionately harm low income households. The author urges the budget to prioritize resource transfers and targeted spending to reduce economic pain, warning that headline growth alone does not improve per capita incomes or living standards without deliberate fiscal redistribution. News - Sat, 31 Jan 2026 16:46:03 +0530 https://www.taxtmi.com/news?id=69310