Expectations

RBI Governor Raghuram Rajan (Photo: Reuters)

Updated : Mar 6, 2015

RBI chief Raghuram Rajan pitches for raising tax exemption limit from Rs 1.5 lakh a year

Acknowledging that there was a rise in the limit last year, RBI governor Raghuram Rajan said benefits of this instrument have been lost as the limit was anchored at Rs 1 lakh for a long time.

Updated : Mar 2, 2015

Union Budget 2015-16: Boost consumer durable manufacturing by reducing duties for raw materials

Additionally it is important to incentivise infrastructure-related projects in private sector like seaports, airports, railways, roads, warehouses etc. to make Indian infrastructure on par with global best levels.

Updated : Feb 28, 2015

Breakthrough Budget expected from Narendra Modi govt: TVS Capital Funds

This Budget is expected to be a breakthrough Budget in every dimension bringing specific policies, actions and allocations to the 'sabka vikas' credo of Prime Minister Narendra Modi's government.

Prime Minister Narendra Modi (L) with Finance Minister Arun Jaitley

Updated : Feb 28, 2015

Budget 2015: An economist's wishlist from Finance Minister Arun Jaitley

While Modi's administration has had some notable successes recently, India's competitive standing globally leaves much to be desired, writes William Wilson.

Updated : Feb 28, 2015

Budget could set course for Indian software product industry

Here are some topics that the budget could address and shape the industry of the future.

Updated : Feb 27, 2015

Union Budget 2015-16: Time to create ecosystem to realise 'Make in India' and 'Digital India'

As we gear up for this year's Budget, we hope that the government will work towards making India an ideal business destination by increasing the ease of doing business with initiatives like the GST roll-out.

Updated : Feb 27, 2015

Expect Budget to leave significant money in the hands of consumers

First, the savings ratio in the country has declined from 36.8 per cent in 2007/08 to 30 per cent in 2013/14. The household financial savings has dropped from 13 per cent in 2008/09 to 7.1 per cent in 2013/14.

Updated : Feb 27, 2015

Ease tax burden on start-ups, says Nasscom's Rajat Tandon

Incentivising start-ups through schemes are ideas that are being offered globally. Coupled with a benign tax regime, it can prove to be an effective impetus for growth.

HDFC Chairman Deepak Parekh (Photo: Reuters)

Updated : Feb 27, 2015

Deepak Parekh pitches for divestment of large PSUs, wants pro-growth Budget

The HDFC Chairman also hopes the first full Budget of the Narendra Modi government will focus on reforms without much populism.

Updated : Feb 27, 2015

Union Budget 2015-16: Govt should undertake next-generation tax reforms

The government should act on the following suggestions to create a healthy business environment and efficient administrative machinery.

Updated : Feb 27, 2015

Union Budget 2015-16: Correct inverted duty structure for tyre industry

Given that this will be the first full-year Budget of the new government, we expect to see a blueprint that would strengthen the demand scenario and would be focused on pushing the Indian economy to the next growth frontier of 8 per cent and above.

Executive Director, The Lalit Suri Hospitality Group

Updated : Feb 26, 2015

Union Budget 2015-16 Hospitality sector needs to be exempted from state and central taxes

The industry expects a growth-based Budget that will specifically address the issues faced by it today, setting for an upward growth trajectory.

Updated : Feb 25, 2015

Education outlay as a percentage of GDP needs to go up dramatically

The government needs to take steps to curb piracy of print and digital content so that authors, content developers and publishers continue to see value in original content creation for the benefit of students and learners.

Updated : Feb 25, 2015

Budget should unfurl reforms that allow 9% plus growth rate

While we expect the FY15 fiscal deficit target of 4.2 per cent to be met despite soft tax collections, I expect the Budget to stick to the fiscal consolidation roadmap with the fiscal deficit target for FY16 at 3.6 per cent of GDP.

Updated : Feb 25, 2015

Separate limit for long-term savings, pensions under Section 80C needed

Hence for a level playing field, the government can consider allowing pension products offered by life insurance, mutual funds to come under Section 80CCD like the NPS where investments by employers can help employees avail extra benefits. 

Updated : Feb 25, 2015

Union Budget 2015-16: Ensure competitive pricing for sugar, edible oil

We would once again like to urge the Union government to immediately increase import duty on crude vegetable oils from 7.5 per cent to 10 per cent, and refined vegetable oils from 15 per cent to 25 per cent, creating a duty difference of 15 per cent between crude and refined oils.