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BUDGET EXPECTATIONS

All Expectations On Policy

  • Vivek Chaand Sehgal
    Chairman | Samvardhana Motherson Group

    Look forward to streamlining of the tax structure for cars, have the ability to reduce tax burden on common man, excise duty etc.

    • Shaktikanta Das
      Secretary | Economic Affairs

      India's economic growth is robust despite turmoil on global financial markets.

      • Hasmukh Adhia
        Secretary, Financial Services | GoI

        We are likely to exceed the collection in Indirect Tax by about Rs 40,000 crore in the current year. On the whole, we are optimistic of close to 100 percent achievement of overall tax revenue target of the year.

        • Shaktikanta Das
          Secretary | Economic Affairs

          Global economy is in turmoil, markets are down. We know the challenges and are taking necessary measures.

          • Sid Yog
            Founder | Xander Group

            The challenge with REITs in India at the moment is that legislation, especially taxation, needs to be thought through a little more

            • Vinod Dasari
              MD | Ashok Leyland

              There is something called a national calamity contingency duty (NCCD), it is my pet peeve. 1% or 0.5%, I do not even know exactly how much it is but it is very low. I suggest combine this with excise duty, and get rid of this

              • Arun Jaitley
                Finance Minister | GoI

                GST has been supported by most political parties and I am sure others will also see reason and this law will become a reality very soon.

                • M Venkaiah Naidu
                  Parliamentary Affairs Minister | GoI

                  I am always optimistic. I am not pessimistic like others ...I am optimistic that GST, real estate development bill and bankruptcy bill will be passed during this session

                  • Arun Jaitley
                    Finance Minister | GoI

                    Unpredictability and volatility have become the new global norm. In these circumstances, it is extremely important for India to emerge and emerge out of the crisis even stronger.

                    • Kim Ki Wan
                      MD | LG India

                      For the consumer to improve their purchasing power consumer income taxes should be lowered and the excise duty range should be lowered. Dividend tax even 20 percent, it should be removed because already we pay a lot of taxes.

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