FinMin officials say an announcement could be made in the Budget.
On the revenue front, the finance ministry was expecting higher proceeds from non-tax revenue.
The panel's recommendations will be aimed at making a predictable and non-adversarial tax regime in the economy.
Budget may bring exemption for those backed by Indian securities other than shares
Changes in threshold not to have a significant revenue impact, say officials
Capex for next year expected to be up 25% to Rs 3 lakh crore
This move to make it easier for funds to avail of tax exemptions.
Modi govt faces extra spending burden due to policies like 7th Pay Commission and OROP
Monetary incentives under Skill India to small entrepreneurs, capital infusion into technology fund to help businesses expand operations
Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy
Finance ministry's drive is meant to meet fiscal deficit target and improve overall efficiency in government spending.
Ministry considering tax sops for India's first global financial centre, steps to liberalise futures and options markets.
Agri experts are meeting FinMin ministry officials on Monday to give their inputs on the Budget.
An announcement has barred the entry of journalists in the finance ministry.
For a long time, the Indian economy has been drifting without a credible monetary anchor.
There are about 500,000 fair price shops in states and UTs combined.
'We need to do more to accelerate growth.'
The National Democratic Alliance won 64 seats.
Experts have started giving comments on provisions that the govt must make in Budget 2016-17.
Fiscal situation better but spending cuts likely in FY16 too.
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