The forthcoming budget is an excellent opportunity for the Government to fulfill its promise of high economic growth.
Lowering excise duty on petrol, diesel, and other fuels, branded fuels.
'We expect the new government to look into the issue of penalties imposed on technology firms involved in UID related projects.'
The country has produced a record harvest, but many farmers in the onion bowl of Maharashtra have lost a large share of their crop damaged in storage, adding to the country's inflation woes.
Operators developing greenfield airports (built from scratch on undeveloped land) are likely to face increased competition, with the Ministry of Civil Aviation considering tweaking the norms to allow such airports to be developed within 150-km radii of existing ones.
An exercise to rationalise coal linkages which will optimize transport of coal and reduce cost of power is underway.
However, the budget arithmetic is slightly optimistic.
An analysis of the frequency of various watchwords in the finance minister's Budget speech shows that he was perhaps trying to hold on to his ideas without treading on anybody else's toes, says A K Bhattacharya.
The market breadth ended weak on the BSE with 2,086 shares declining and 893 shares advancing.
Government needs tight control over both expenditure and populism.
Finance Minister Arun Jaitley is unlikely to heed economists' suggestion that an inheritance tax be introduced in Budget 201415 as an additional revenue stream.
Finance Minister Arun Jaitley is unlikely to heed economists' suggestion that an inheritance tax be introduced in Budget 201415 as an additional revenue stream.
Education remains one of the key focuses of the new government.
The idea is to boost household savings and turn more of them into growth capital. If the plan succeeds, sustained eight per cent-plus rates of gross domestic product growth should be within reach in a few years.
Increase in tax exemption limit by Rs 50000 is positive for the FMCG sector, as it will leave more discretionary income in the hands of consumers.
The Budget has evoked mixed reactions from Silicon Valley investors.
The captains of Indian industry described Narendra Modi government's maiden budget as one with "the right intent and in the right direction".
The sector faces many challenges and calls for prompt corrective action.
With Jaitley preferring continuity over change, good days might take a little longer to arrive, says Shankar Acharya.
Sectors throw up a wishlist for the Finance Minister.
Tax incentives to have cascading effect on the capital goods industry.
It emphasised that agricultural infrastructure needs considerable investments and hence Section 80IA benefits must be extended to all such investments like IT infrastructure, computers, VSAT, solar panels, water harvesting facilities, storage etc.
Income from renting of properties is taxed at a flat rate of 10%.
Eminent business journalist and author Tamal Bandyopadhyay discussed Budget with rediff.com readers on Tuesday.
For some, he is a visionary who grew his one-channel firm into a media giant by the sheer dint of his courage; for others, he is a compulsive risk-taker.
Transport Minister Nitin Gadkari puts them out of the ambit of Motor Vehicles Act; experts say some regulation, licensing and driver training will be necessary
The industry's reactions to the Budget have been mixed.
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