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Expert Speak

The finance minister has rolled out a lot of tax sops for those whose income is not very high.

 
 
Getting the Budget arithmetic correct was difficult this year, but the finance minister came up trumps.
Execution of the Pay Commission report in the Budget can trigger strong surge in urban consumption spend.
Should provide partial refund of training costs for skill upgradation in the IT sector.
The Government should also improve collections for the income tax department.
Passage of Bill likely to fuel consumption in economy and facilitate growth of industrial / warehousing space
For growth in the capital goods sector, there should be an increase in outlay for power, railway, defence and roads
The government could encourage customers to buy insurance by providing higher risk covers and tax exemptions.
 
 
Government initiatives towards increasing rural incomes and augmenting demand will help the auto sector.
Budgetary allocation for roads and highways is expected to increase to Rs 85,000 crore in Union Budget 2016-17.
Read on to find out where you all should invest to save tax
The government could increase expenditure on projects that have a lower execution time.
 The Government is expected to address the myriad woes of PSU banks in order to take the economy on the path of recovery
A sustained government expenditure on rural infrastructure will be critical to reduce rural distress.
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