BCs act as an intermediate between the bank and a poor borrower, who is in need of micro-credit
Salaried individuals may hope for a surge in the existing basic exemption limit from Rs 2.5 Lakh to Rs 3 lakh for individuals less than 60 years of age, Rs 3.5 lakh for senior citizens.
The national transporter may be in line for an 8 per cent jump in it in the Interim Budget today.
The stand-in Finance Minister may talk of a minuscule fiscal slippage or put a brave face and say the government would still meet its fiscal deficit targets.
With participation of women in the workforce dropping from 32% in 2016 to 23% in 2018, the clamour for gender-sensitive policies is growing. In addition, speculation is rife that income tax sops will be rolled out.
Riding on the back of programs such as 'Make in India' and 'Digital India', 2018 paved way for initiatives to strengthen the economic base of the country by focusing on development at a grass-root level
While the government will stay tethered to prudence, the balance will tilt in favour of populist measures designed to assuage restless voters who are currently sitting on the fence.
Speculation is rife that Budget 2019 will tweak customs duties to give a further boost to the Make in India initiative. The global tariff wars could also prompt the government to roll out protectionist measures.
In view of the upcoming general elections, the agency said the focus of both the Centre and the state budgets will be on measures to address the farmers' woes.
The high custom duties have adversely impacted the costs of products in India and contradict the government's efforts to provide low-cost healthcare available to masses.
There is a need for the education system to be transformed, with significant investments and by implementing measures focussed on improving quality.
The finance ministry should announce the roadmap to bring down corporate tax to 25 per cent in the coming years.
A major setback for the developers is that the end-users search for finished inventory as they don't want their investment to get stuck, resulting in the slow velocity of sales.
The wishlist of the common man as well as industry bodies includes doubling the income tax exemption threshold for the salaried, revising the Section 80C deduction limit and tinkering with tax slabs.
NAREDCO calls for restoring the faith of the homebuyers who are "most affected and whose savings are being threatened by high EMIs and lack of deliveries"
On the industry front, apart from reduction in GST, we look forward to the introduction of the new Pesticide Management Bill, which was due last year.
The chamber has also suggested revision in the tax slabs for the individual taxpayers with the top 30 per cent rate to be applied beyond Rs 20 lakh annual income.
While previous governments have avoided introducing major changes in an Interim Budget, the regime at the Centre has often used this opportunity to woo voters and outline its economic policy vision for the next five years should India vote to keep it in power.





