Considering double-digit peak and normal power deficit, and the industry seeks direct and indirect tax incentives to facilitate acceleration in the pace of capacity additions.
Retail sector seeks industry status, which can reduce the cost of capital and to allow FDI in retail that can increase investments and global competitiveness.
Sector seeks declared goods status for ATF and withdrawal of service tax on first class and business class air tickets.
With the thrust of the government to further education and to get the education system up inline with coming times, the sector is poised for growth.
Also seeks removal of excise duties on set top boxes for free to air transmission, and removal of service tax for broadcasters.
Expects exemption of oil and gas profits from minimum alternate tax and all cess in the nature of excise duty are to be subsumed in GST.
Indian Railways, which manages the world's third largest rail network under single management, is the backbone of country moving people/ cargo from one place to other with-in the country.
The fall in cement prices and improving demand together add cream to the cement product sector, who seek status quo on excise duty and service taxes.
FMCG sector analysts say that due to excise free zones, impact of the excise duty hike will be limited, except for Hindustan Lever. The sector wants impetus for rural income generation and no hike in service tax.
Sugar sector has been buoyed up by high sugar prices and seeks policies to promote ethanol as green fuel in the ensuing Union Budget 2010-11.
The retail sector seeks industry status, which can reduce the cost of capital and to allow FDI in retail that can increase investments and global competitiveness
Paper sector wants the aggregate GST levies by the Centre and State to not exceed 6 per cent.
"This Budget needs to come up with measures that balance the high inflation and sustainable growth. The continuing fiscal problems and revenue deficit will force the budget to take stringent revenue making measures including looking at introducing or extending the stimulus packages to boost revenues," said G Bala Reddy, chairman and managing director, ICSA India.
Sushanto Roy, CEO, Sahara Prime City, has in a pre-Budget wish list of expectations said: "Given the pent-up demand for affordable housing which was discovered during the recent slowdown there is a need to reintroduce tax holiday under section 80IB for housing projects constructed after March 31, 2008."
The earthmoving and construction equipment industry also seeks restrictions on the imports of used equipments into country and to rectify inverted duty structure.
Sheilu Sreenivasan, founder president, Dignity Foundation, an NGO that works for the cause and care of the elderly, said "Our biggest worry is not what the government is going to give to senior citizens, but what it is going to take away from them."
In a pre-Budget wishlist, Vinod Juneja, managing director, Braj Binani Group, said, "I expect the finance minister to target the GDP growth of at least 8% or higher for the next 3 financial years."
D R Dogra, managing director and CEO, Care Ratings, says that the finance minister should start the process of fiscal consolidation from his Budget 2010-11.
Remove anomaly of higher customs duty on inputs by cutting the customs duty on natural rubber, other inputs and on tyre manufacturing machinery and / or hike in customs duty on tyres.
Surplus scenario emerges despite double digit growth in demand on accelerated capacity additions; seeks abatement of excise duty on cement, removal of customs duty on inputs.
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