Fiscal compulsions might prevent Pranab Mukherjee from granting significant tax concessions. So, the chances of any tax breaks in the Budget are slim, concluded a Business Today panel that discussed Finance Minister's options.
If the finance minister settles for a higher fiscal deficit - beyond 5 per cent - interest rates are not going to come down drastically in the current year.
Expenses have sky-rocketed and the economy has not been doing well. The only hope is to appeal to the government to give some tax relief.
Finance Minister Pranab Mukherjee may look to non-tax revenues to hold the budget deficit at a respectable level.
Ahead of the Budget, Finance Minister Pranab Mukherjee is caught between two opposing yet powerful arguments from the power sector.
Finance Minister Pranab Mukherjee is scheduled to present the Budget for next fiscal in the Lok Sabha on March 16.
Dharmendra Pradhan asks students to focus on entrepreneurship
Mandatory to link PAN-Aadhaar by 31 December: Income Tax Department
Revenue collection at Sabarimala temple crosses Rs 104 crore in 28 days
Tata Steel BSL bags award for energy conservation
Citizenship Act protest: Buses set on fire in south Delhi
Reliance Jio Prime vs Airtel, Vodafone, Idea 4G offers
Reliance Jio plans to bring 5G internet to your smartphones
Maruti Suzuki opens online booking for Baleno RS
India Inc to get 9.5 per cent salary hike this year
Five tips to get a good salary hike this year
Realme sold 15 million handsets in first year of operations in India: CEO Madhav Sheth
Amazon Echo Studio review: Best smart speaker one can buy under Rs 25,000
Netflix may offer up to 50% discount on mobile-only subscription
Philips Smart Wi-Fi bulb review: Smart but not hassle-free
WhatsApp won't work on these phones from next year; check out list of devices