Budget Expectations

Budget 2012: India Inc's expectations

Finance Minister Pranab Mukherjee will present the annual Budget on Friday against a backdrop of slowing growth and burgeoning fiscal deficit. The Government will have to do a balancing act, by raising taxes on some items such as cars, consumer goods and cement to raise revenue, and give incentives to boost business confidence.

Economic growth slowed to 6.1 per cent, its weakest annual pace in almost three years, in the three months to December, as high interest rates and rising input costs constrained investment and manufacturing.

Following are industry expectations on the budget for the fiscal year 2012/13 that begins on April 1.

* Retailers are expecting the Government to announce a roadmap to open up the supermarket sector to foreign giants such as Wal-Mart and Carrefour, which would help in tie-ups and boost capital inflows....more

09:05 AM, Mar 16, 2012

KPMG: What salaried people can expect from Budget

by Vineet Agarwal,IBNLive Specials

New Delhi: Individual looks forward to Budget with just one question " will it increase my 'take home pay'? Let's look at the most anticipated changes in this year's Budget which will have a direct impact on this question. Increase in slab rates The rationalisation of tax slabs in line with the proposed Direct Tax Code (DTC) would help the common man. Increase in the minimum exemption limit to Rs...

02:56 PM, Mar 13, 2012

Need realty regulator, stamp duty cut: Tata Housing

by moneycontrol.com

By Brotin Banerjee While the government is trying to provide the requisite stability to the economy, it now needs to focus on strengthening the real estate sector. This is important in view of the fact that construction sector is the second largest employer next only to agriculture, and growth in the sector has a direct impact on ancillary industries such as steel and cement, creating a ripple effect in the...

04:42 PM, Feb 23, 2012