ALL EXPECTATIONS ON people
A key element of this budget could be skill development. If you see, over the next decade India is going to add about 65-70 million people to the workforce. Finding jobs for them, creating new jobs and inviting new labor is of paramount importance.
Motilal Oswal AMC
There are also expectations on the popular steps with regards to Increase basic tax exemption limit from current 2.5lakh by 20-30% and tinkering with salary exemption limits for key deductibles to keep the salaried happy and increase disposable incom
Kotak Life Insurance
It is important that government incentivize investments in long term savings in pension by having an explicit exemption for investment in pension Products. This could be on Exempt-Exempt-Tax (EET) mechanism.
MD & CEO
For a level playing field, the Government can consider allowing pension products offered by life insurance, mutual funds to come under Section 80CCD like the NPS where investments by employers can help employees avail extra benefits.
RSM Astute Consulting
It is expected that the exemption limit for clubbing of income shall be raised to Rs. 10,000/- per minor child per annum.
Cox & Kings
Lending to hotel projects should be under the "infrastructure Lending List" due to which hotels will be able to access lower interest rate loans and longer tenor loans.
RBI Guv,Raghuram Rajan on Wednesday pitched for increasing the tax exemption limit on financial investments by individuals from Rs 1.5 lakh a year.
CEO & Founder
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