However, markets may see some upmove following the trade truce announced by the US and China at the G-20 summit over the weekend, they added.
Arun Jaitley announced the start of National Health Protection Scheme in the Budget 2018
The interim budget had quite a few things to offer to India’s common man, and what the people get from the government they brought back to power, only time will tell.
In the next phase of GST, the government is expected to take up many unfinished agenda, reforms, simplification of compliance procedures, rationalisation of tax rates, among others
Budget may allow deduction of entire carried forward losses or at least the higher of book losses or unabsorbed depreciation to all the loss making companies falling under MAT.
With the BJP government back in the saddle, stability is assured. And this hopefully translates into an ability to take firm -- and correct -- decisions.
Rural employment programs and employment generation schemes will receive a higher share of attention and allocation. Apart from these schemes, affordable housing and infrastructure related schemes should also hog the limelight.
The problems faced by the Indian economy today are very different from what they were when the first Modi government unveiled its maiden budget
India needs to ensure that incentives for MSMEs are not skewed towards their remaining small forever. MSME policy should go beyond access to credit and address ease of doing business in a more effective manner.
India’s share of global tourist spends stands at a lowly 1.8 percent
In its very first budget, the Modi govt increased the personal income tax exemption limit from Rs 2 lakh to Rs 2.5 lakh in the case of taxpayers below the age of 60 years.
Lower tax rates will act as an incentive for taxpayers to comply with the direct tax regime, file returns and pay tax, and augment revenue collection
The housing sector expects the government to contemplate on introducing housing bonds in order to provide low interest rate funds to the housing companies.
A high wealth-to-income ratio is not a good thing from a financial stability point of view. Concentration of wealth in the hands of a few is a recipe for increasing social unrest especially when India is facing a crunch in even basic resources like clean drinking water.
The budgetary allocation for education as a percent of GDP, both at the central and state level, declined between 2011-12 and 2014-15
There is an expectation from the upcoming budget to have rural-focused policy measures which can perk up rural demand.
Getting out of the slowdown without jeopardising fiscal rectitude and economic stability calls for a macro stimulus with micro efficiency.
The progress of privatisation in India has been quite slow, although the disinvestment process accelerated under the NDA 2 regime
The focus should be on growth in real farm real income
The government is expected to take a number of measures in the Union Budget, to counter the current economic slowdown.
The NDA 2.0 government would like to speed up road construction projects but there are roadblocks in its way
Why did consumption growth fall so sharply in the December 2018 quarter?
Nirmala Sitharaman's maiden budget will need to address to quell the rising unrest over a sluggish economy.
The government’s ability to reorient its priorities during its term in power will decide if India’s socio-economic landscape looks far different in the next decade than it appears now.
Chances are wealth tax might make a comeback. Even so, the government would do well to put safeguards in place to ensure the common man is not put at a disadvantage