Superb Article, Its helpful.
1. Fiscal numbers
Government expected to announce new roadmap, blame UPA for under-providing for subsidies, over- estimating revenue growth.
2. Micro small and medium enterprises
3. Monsoon
4. Monsoon and Inflation
5. Foreign Direct Investment (FDI)
Foreign investment to be allowed in railways, ceiling for defence may be increased to 49% from 26%.
6. Special Economic Zones
Some tax relief for SEZs are in the offing to compensate developers for the imposition of minimum alternate tax and dividend distribution tax.
7. Disinvestment
Government will look to raise more resources from PSU share sale, may look at strategic stake sale in loss-making companies.
8. Good and services tax
Expect Arun Jaitley to revive the ambitious tax reforms by getting states on board, promising compensation package.
9. Income tax
10.Taxes
Individuals should expect some relief on personal income tax, especially for long-term savings such as pension and insurance. Government may allow banks to issue tax-free bonds to fund infrastructure.
1. Fiscal numbers
Government expected to announce new roadmap, blame UPA for under-providing for subsidies, over- estimating revenue growth.
2. Micro small and medium enterprises
3. Monsoon
4. Monsoon and Inflation
5. Foreign Direct Investment (FDI)
Foreign investment to be allowed in railways, ceiling for defence may be increased to 49% from 26%.
6. Special Economic Zones
Some tax relief for SEZs are in the offing to compensate developers for the imposition of minimum alternate tax and dividend distribution tax.
7. Disinvestment
Government will look to raise more resources from PSU share sale, may look at strategic stake sale in loss-making companies.
8. Good and services tax
Expect Arun Jaitley to revive the ambitious tax reforms by getting states on board, promising compensation package.
9. Income tax
10.Taxes
Individuals should expect some relief on personal income tax, especially for long-term savings such as pension and insurance. Government may allow banks to issue tax-free bonds to fund infrastructure.
