Pre-Budget Expectations FY2011-12: Sushil Finance

Sushil Finance has come out with its report on Pre-Budget Expectations FY2011-12.

Pre-Budget Expectations FY2011-12:

The union budget for FY12 is expected to be presented by the Finance Minister on 28th Feb.2011.

Considering the recent policy implementation track record and the events of the past 2-3 months, we believe there may not be many expectations of any positive surprises from the Budget this year.
 
Over the years, while the Indirect tax policies across industries & products have been progressively refined leaving little room for mass changes on that front, we expect continued focus on inclusive growth and believe allocations will be aptly made for spending on Infrastructure Building and Rural / Social sector schemes, especially on education & health.
 
While the Government scored high marks last year by way of huge cash generation through 3G Auctions & PSU Divestment, there are many other pending issues on the structural reforms front, despite of high expectations during the last years

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