Union Budget 2015-16 Latest News Business Today
Budget may focus on public investment-led growth: HSBC

The global financial services major also expects the government to revise the Goods and Service Tax roadmap with realistic deadlines.

 
 
The government's agenda includes 44 items of financial, legislative and non-legislative business.
Here are five plans that may be announced by the finance minister during his Budget speech on February 28.
Experts ask the govt to work towards high growth, predictable tax regime and rapid infra development.
Scrapping the 15 per cent levy could increase net payouts and boost the attractiveness of Indian stocks.
 
 
At five per cent basic customs duty, the government will earn over US $3 billion on an annualised basis, which will aid it in meeting its fiscal deficit target.
"Monetary policy is a long-term process. You can't hold me every 15 days saying when are you cutting rates? We have a budget coming up", said Raghuram Rajan.
The statement comes on the heels of the government already touching 99 per cent of market borrowing plan estimated in Budget 2014.
According to sources, around Rs 25,000 crore of the proposed investment will come as budgetary support from the government in the Union Budget.