ALL EXPECTATIONS ON policy
Finance minister may consider a small reduction in duties on gold of somewhere between 2-4% given that the current account deficit is well under control and a much comfortable BoP position on account of sizable amount of portfolio flows.
India Infoline Asset Management
We expect some announcement with regards to Goods and Services Tax in the Budget as it is one of the most essential reforms needed to create a conducive economic environment today.
Dr. Nirakar Pradhan
Future Generali India Life Insurance
Rather than ad-hoc divestment targets, clear roadmap for next few years should be drawn to bring down government holding in PSUs to 51%.
MD & CEO
Max Life Insurance
A clear roadmap to support “Make in India’ will make the country an attractive destination for long term foreign capital.
Abhishek A. Rastogi
It is expected that the reverse charge mechanism is trimmed down, if not completely removed, to cover very exceptional situations. In addition, clarifications are expected on intermediary services, services to self, liquidated damages, bad debts and
Partner and National Leader for Transaction Tax
In terms of the retrospective amendment on indirect transfers, there is still lack of clarity on what is ‘substantial’. In that context, only “transfer of a controlling interest” in a foreign entity deriving its value substantially from assets locate
Partner with Tax & Regulatory Practice
With the expansion of Indian business into various countries, the Government should lay down detailed guidelines for foreign entity classification.
Director â€“ Transaction Tax
Indian Stamp duty provisions date back to 1958 and though they have been revised along the years, there are various interpretational issues, non-clarity in law and several provisions which are state specific. A uniform stamp duty provision throughout
Head-Institutional Research-Economist & Strategist
Emkay Global Financial Services
Ahead of the Budget session there has been certain amount disquiet with respect to the land acquisition ordinance that the government had brought in earlier
Chief Portfolio Strategist
Wells Fargo Funds Management
The ideal Budget would be one in which the govt hits the deficit target of around 3.6 percent and where it shows a real emphasis on trying to improve the infrastructure
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