All BUDGET EXPECTATIONS
Global EMs Strategist
UBS Investment Bank
We wonder whether we might see initial steps towards what is we assume will happen under this government, the creation of a new goods and services tax (GST) for a broad nationwide indirect tax.
Farah Bookwala Vhora
We need to have special notified zones where mining companies can come down to India and offer goods in the form of auction or tenders so that we have raw material at our doorsteps which will save us transaction costs.
Director (Biz Dvpt)
The new government should make a 100-day plan to revive infra sector. It needs to make concession agreement more lucrative towards developer.
RSM Astute Consulting
The levy of MAT at such higher rate (i.e. about 2/3rd of the corporate rate of taxation) should be reduced to 10 percent to provide relief to the beleaguered industrial sector.
A lot of expectation has gotten built up in the country in the run up to the Budget - be it any asset class locally, be it Fx or rates. But if there is any negative surprise in the Budget, that can just spook the market a little.
Commerce and Industry Minister
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