Expectations

Updated : Feb 26, 2013

What the sugar industry can expect from the Budget

Will the forthcoming budget set the Indian sugar industry free? Expectations are high but with sugar being a politically sensitive commodity, disappointment may be the order of the day.

Updated : Feb 21, 2013

USIBC seeks reform in health care sector from Chidambaram's Budget

Corporate America has sought major reforms in the country's health sector including foreign direct investment and global collaboration in life sciences.

Updated : Feb 21, 2013

Budget 2013: Industry status, cheap funds top real estate sector wish list

The sector has been going through a difficult phase with several builders facing liquidity crisis. Some have even defaulted on debt.

<em>Photo: Shekhar Ghosh/www.indiatodayimages.com</em>

Updated : Feb 19, 2013

Union Budget 2013: Hospitality sector seeks easier funding

The sector also wants loans to have a longer tenure. With the exception of a few private sector banks, the maximum tenure of most loans given to the hospitality sector is 10 years. One of the representations the sector has made to the finance ministry is for an increase in the tenure to 15-20 years.

Updated : Feb 12, 2013

Nasscom seeks tax rationalisation in Budget

The industry lobby also wants the government to provide sops encouraging investment and promoting the culture of entrepreneurship.

Updated : Feb 11, 2013

Budget 2013: Take steps to boost economic growth, India Inc tells govt

Worried over the declining economic growth, India Inc has pitched for Budget 2013 to boost investment sentiment and give a thrust to the flagging growth.

Updated : Feb 8, 2013

Budget 2013: Insurers want more sops for long-term products

With the Budget round the corner, life insurers are urging the government to introduce separate tax deduction for investments in retirement savings outside the Rs 1 lakh deduction that is currently available under Section 80C.

Updated : Feb 6, 2013

Budget 2013: Mutual funds demand lower tax on debt funds

The mutual fund industry wants more tax benefits for investors in the Union Budget this year.

Updated : Feb 5, 2013

Budget 2013: Ajay Maken seeks infra status for affordable housing sector

To give boost to the affordable housing, the Union Ministry of Housing has decided to ask the Finance Ministry to give infrastructure status to the segment in the upcoming Budget.

Updated : Jan 31, 2013

What the gas industry wants from the budget

Besides parity in tax rates with crude oil, the industry players want gas to be in the list of products covered by GST.

Updated : Jan 24, 2013

Budget 2013-14: CII for higher depreciation rate, lower CST

Calling for some tax reforms to revive growth, the Confederation of Indian Industry (CII) has asked the government to allow higher depreciation rate on plant and machinery from the current 15 per cent to 25 per cent for the next three to five years.

Updated : Jan 24, 2013

Cycle makers want zero excise duty on bicycles

Hit hard by declining sales, bicycle makers have asked the government to fully withdraw 2 per cent excise duty on cycles in the upcoming Budget to give the sector a boost.

Updated : Jan 21, 2013

Budget needs to focus on promoting infra investment: CII

Industry body CII has sought urgent steps in the forthcoming Budget to make the infrastructure sector viable and capable of attracting capital.

Updated : Jan 21, 2013

Civil Aviation Ministry seeks Rs 3,500 cr in Budget 2013

With an urgent need to strengthen Air India and develop aviation infrastructure across the country, the Civil Aviation Ministry is understood to have sought an allocation of Rs 3,500 crore in the upcoming budget.

Updated : Jan 21, 2013

Don't impose higher tax on rich: India Inc

The industry asked the government not to consider imposing higher tax on high income individuals, saying it would discourage entrepreneurship, while seeking continuance of the existing tax rates.

Updated : Jan 21, 2013

Take steps in Budget to boost investments, revive economy: CII

Industry body CII has asked the government to take steps in the Budget to boost investments as economic growth has slowed.

Updated : Jan 21, 2013

Bankers seek cut in lock-in period for tax-saving FDs

Bankers on Monday demanded that lock-in period for tax saving deposits be brought down to three years from five years to channelise more funds into the banking sector.