I would like the see the Budget making allocation for financial inclusion from both the dimensions of demand as well as supply. For "Demand" side, that is, financially excluded population
One of the most awaited decisions from the Budget session is the Real Estate Regulatory Bill. The bill would bring in transparency into the system.
We believe India holds great potential, with a number of international brands entering the country and large domestic demand also being there.
The Budget should be conducive to the investors and should help revive the investment cycle.
The government allocation for health should increase to at least 3 per cent of GDP in the short term and 5 per cent in the medium and long term. It is currently at 1.2 per cent, which is abysmally low.
As we know, the India story for the IT sector hinges on being able to globally deploy India-groomed skills as well as drive frugal innovation in various forms (for which the use of start-ups have now become very popular).
Like all other players in the industry, we are also looking forward to the implementation of the Goods and Services Tax (GST).
This Budget would have to be about decisive action and must give a time-bound roadmap for economic revival.
FDI in defence can be raised to 74 per cent and the private sector can be provided with a level-playing field (through import duty exemptions) with the defence PSUs.
Rajesh Sawhney, Founder at Global Super Angels lists out the key points Budget 2015-16 should focus on.
Shivakumar Ganesan, founder, Exotel lists various points the finance minister should list in the Budget.
Given the fact that about half the population in metro cities lives in rented accommodation, there is an urgent need to create a buffer of rental homes till the government is able to provide housing to all.
It is necessary to give impetus to the infrastructure sector. The government is expected to lay down a holistic plan for the entire infrastructure sector, with a specific map to take the '100 smart cities' project forward with commensurate Budget allocation.
The government must consider setting up a separate regulatory and development body whose sole objective is to promote financial inclusion in the country.
Ficci President Jyotsna Suri speaks to BT's Chitra Narayanan on the industry's expectations from the upcoming Budget. Excerpts-
This year, there's nothing to stop the finance minister from breaking the mould except a failure of the imagination, or a failure of courage.
"Budget 2015 will need to increase planned expenditure while adhering to the commitments under the fiscal consolidation plan," writes Hari Sankaran, vice chairman & MD, IL&FS.
One significant demand from corporate India is relaxation in MAT rates and provisions, which over the years have saddled the industry with increased tax payouts.
"Those who make savings deposits or fixed deposits up to Rs 1 lakh should be exempt from tax," writes Bandhan Financial Services CMD Chandra Shekhar Ghosh.
The expectations ride high for the Union Budget as this is the first full-fledged budget of the new government. Below are some budget expectations for corporate sector-
A prerequisite for domestic growth is to focus on prioritising areas that will maximise the ease of doing business in India.





