Active Stocks
Thu Mar 28 2024 15:48:07
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Politics / The ‘aam aadmi’ of Connaught Place...
BackBack

The ‘aam aadmi’ of Connaught Place...

The ‘aam aadmi’ of Connaught Place...

Premium

With a travelling camera Mint moved around Connaught Place to ask, “Who is the aam aadmi?" Eight out of 10 people told us they were. While a handful of concerns surfaced, one was a clear winner: TAXES. TAXES. TAXES — a clear preoccupation among the motley crowd at the heart of India’s capital.

While every Budget sees the aam aadmi agenda fixated on taxation, this summer it seems louder than ever. Tax cuts aimed at the wealthy, have become something else, a middle-class burden. With few jobs in the market and small business growth plateauing nearly every section of the audience felt they had too little to take home.

Click here to feel the aam aadmi pulse

a4e5bfa8-5aff-11de-9da6-000b5dabf636.flv

With inflation coming up as another key concern, the aam aadmi we came across clearly feel that tax provisions have not been adjusted for inflation. The traditional middle class and lower middle class seem to have crept into the provisions for the wealthy.

For more on aam aadmi trends and thoughts, click here

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Politics News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 17 Jun 2009, 12:34 AM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App