Finance Minister Arun Jaitley’s maiden budget
The Narendra Modi government’s maiden Budget is targeting on increasing consumer demand in the economy by increasing disposable income in the hands of people. The budget wants to give the much awaited boost to the real estate sector, which not only boosts demand for housing, but other consumer durables as well. Since after buying a [...] Continue Reading »
Arun Jaitley, the finance minister did the curtain raiser for the budget though the Economic Survey FY14 in the Parliament. The government is all set to provide boost to the farming sector, infrastructure financing, energy and taxation. Leading by example, Jaitley may announce a central goods and service tax (CGST) that combines excise duty and service [...] Continue Reading »
The Economic Survey stated that in order to facilitate improvement in business environment the government should practice a ‘use it or lose it’ policy. This policy would help in freeing land holdings for industrial purposes. Apart from this the pre-Budget document also spoke of other short term solutions which would help the government in developing [...] Continue Reading »
Anand Rathi Institutional Research has many expectations from Finance Minister Arun Jaitley’s maiden budget to be presented on July 10. They want the revision of the interim budget fiscal deficit target upwards and a clear roadmap to recapitalize public-sector banks. They also have a list of other expectations listed below- For the Technology sector, they expect [...] Continue Reading »
