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industry expectations

Industry expectations

Updated : May 27, 2011

New Aviation Minister Vayalar Ravi may seek funds for Air India

Despite an already infused Rs 2,000 crore, Civil Aviation Minister Vayalar Ravi is expected to meet Pranab Mukherjee to request inclusion of AI's additional stimulus package in the Budget.

Updated : Feb 28, 2011

Industry looks for its pound of flesh from Pranab

Indian industry hopes that FM Pranab Mukherjee would offer a host of sops for nontax payers and the salaried class in the upcoming budget of 2011-12.

Updated : Feb 28, 2011

Realty sector seeks reforms for a breath of life

The Economic Survey 2010-11, which was tabled in Parliament, called for reforms in the realty sector, terming it as a key sector for India's growth.

Updated : Feb 28, 2011

MF industry looks for lower taxes

The mutual fund industry has asked the Centre to treat the merger of schemes akin to company consolidation for the purpose of taxation in the upcoming budget.

Updated : Feb 28, 2011

Oil cos seek customs duty cut in Budget

The petroleum ministry has backed the oil companies on the issue but it remains to be seen whether finance minister Pranab Mukherjee factors this into his budget.

Updated : Feb 25, 2011

Tyres: Level the playing field

The tyre industry claimed that its ability to import natural rubber to bridge this demand-supply gap has been affected by high rate of import duty, which they feel is unviable.

Updated : Feb 23, 2011

Infra companies eye boost from Budget

As of now, the odds are stacked heavily against the sector. Infra companies are waiting to hear the government's vision for the sector from Finance Minister Pranab Mukherjee. 

Updated : Feb 22, 2011

Auto components: Growth stimulus wanted

The $22 billion Indian auto component industry faces many challenges. It needs a large dose of investment - an average annual investment of $3.5 billion over the next 10 years.

Updated : Feb 22, 2011

Cement sector caught in a time warp

The industry has been urging the government to consider the changed circumstances since the previous budget was presented and restore the uniform excise duty structure.

Updated : Feb 22, 2011

Pharma: Concerns over R&D, Chinese sourcing

Indian pharma companies also have a new concern - China - from where they source an increasing amount of bulk drugs and intermediaries.  

Updated : Feb 22, 2011

Healthcare: Priority status, training needed

Normal 0 false false false MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} The key demands of the healthcare industry include priority sector status, more flexible norms for forays into Tier II, Tier III cities, towns and beyond and skill development measures.

Updated : Feb 22, 2011

Cement industry eyes tax rebate

The cement industry, that is suffering from overcapacity in the country, has sought reduction of taxes, including value-added tax (VAT), and liberal export sops in the upcoming budget.

Updated : Feb 21, 2011

Airlines seek debt rejig and tax-breaks

As domestic airlines look at the  RBI's debt restructuring plan as a ray of hope, Air India (AI) seeks more cash infusion from the government to see itself out of the red.

Updated : Feb 15, 2011

Realtors seek low interest rates, tax sops

The sector is seeking tax sops, relaxation of foreign direct investment (FDI) norms and lower interest rates to give sales a boost.

Updated : Feb 2, 2011

India Inc seeks lower taxes

Assocham has asked the Finance Ministry to reduce corporate tax and also abolish minimum alternate tax so that India Inc is left with more money to make investments.

Updated : Feb 2, 2011

Retain stimulus in Budget: India Inc

Reeling under the impact of rising interest and input costs, India Inc is likely to ask the finance minister not to further withdraw the stimulus in the Budget.

Updated : Feb 2, 2011

AAI seeks funds to develop airports

The Airports Authority of India is desperately seeking more funds from the government to develop airports to keep pace with the robust growth that is expected to take place in the sector.