Finance Minister Pranab Mukherjee presented Union Budget 2011-12 amid rising inflation, tight liquidity, high interest rate, industrial slowdown, delayed reforms and negative market sentiment.
In an interview with CNBC TV18, revenue secretary Sunil Mitra, secretary of economics affairs R Gopalan, S Dutt Majumder, Chairman, CBEC and Sudhir Chandra, Chairman, CBDT analysed the budget in detail, and responded to queries from experts from the industry including Hari Bhartia, President, CII, MD, Jubilant LifeSciences; Uday Ved, Head - Tax, KMPG.Rajiv Memani, Country Managing Partner, Ernst & Young India; Mukesh Butani, Partner, BMR Legal. Below is a verbatim transcript. Also watch the accompanying video. Q: The question on everybodyDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
