January 28, 2021 07:29 PM IST

Amusement parks must be exempted from e-invoicing, state-level taxes, says Arun Chittilappilly, Managing Director, Wonderla Holidays

the Goods and Services Tax (GST) for the amusement parks should be reduced to 12 percent

STPI-like startup reforms key to boost ecosystem: Keshav R Murugesh, Group CEO, WNS and Past Chairman, NASSCOM

No form of taxes should also be introduced on an investor in a startup on such an investment for a period of 12 years or till the sale/transfer of such investment (whichever is earlier), says Murugesh

Incentive-based policy support can take Indian engineering services to newer heights: Keshab Panda, CEO, L&T Technology Services

it will help if a policy related to exemption of direct tax in SEZ for organisations is considered as it will enable the tech players to enhance respective capabilities in India across Tier 1 and Tier 2 cities, Keshab Panda said.

Faster income tax, GST refunds will help ease working capital strain: Partha DeSarkar, Global CEO, Hinduja Global Solutions

Initiatives to support ease of doing business and actions for faster Income Tax and GST refunds would be appreciated, Partha DeSarkar said.

Hotel projects of over Rs 50 crore should get infra status, says JB Singh, President and CEO, InterGlobe Hotels

The overall revenue is still only at 30-35 percent of what it was the same time last year. A lot, therefore, needs to be done, says the chief of InterGlobe Hotels.

Budget must focus on streamlining hospitality sector regulations to spur demand, says Rohit Kapoor, CEO, OYO - India & South Asia

The chief of online vacation rental marketplace believes that by providing relief to industries like hospitality, that form the backbone of travel and tourism sectors, Union Budget 2021 has the ability to boost the economy, accelerate job creation, and strengthen consumer confidence.

Uniform tax rate of 18% on all vehicles will help, says Gurpratap Boparai, MD, Skoda Auto Volkswagen India

The Union Budget 2021-22 can prove to be a turning point for the Auto Industry by committing to some relief in the de-facto- taxation faced by the sector today.

We are almost bordering a V-shaped recovery now, says Manish Bhatnagar, Managing Director, SKF India

India must attract global manufacturers of key components to become a superpower, says Rajeev Karwal, Founder Chairman, Milagrow Humantech

We must stop incentivising or subsidizing finished goods assembly of any electronic, telecom, robotics, or IT product. It is like putting good money after bad, he says

Government's economic stimuli critical for aviation sector revival, says Rajeev Jain, CEO, Mumbai International Airport

According to an early analysis published by the Airports Council International (ACI), airports worldwide are likely to lose revenue of approximately USD 104 billion, about 60% of the normal revenues earned by airports.

Pension funds, insurance companies must get to participate in road assets, says Isha Chaudhary, Director, CRISIL Research

Hope Development Financial Institution is set up to turbocharge sector, says Vinayak Chatterjee, Chairman, Feedback Infra

Special exemption for insurance products will help, says Anuj Mathur, MD and CEO, Canara HSBC OBC Life Insurance

Separate tax deduction for home insurance would be ideal, says Tapan Singhel, CEO, Bajaj Allianz General

We need flexibility in pricing across states for iron ore, says Sunil Duggal, CEO, Vedanta

The fiscal deficit target should be realistic, says Aditi Nayar, Principal Economist, ICRA

I hope hospital industry is conferred a preferred status, says Abhay Soi, Chairman, Max Healthcare

What India needs right now is better flow of low-cost credit for businesses, says Rashmi Saluja - Executive Chairperson, Religare

Government must create Microfinance Credit Fund of Rs 25,000 crore in NABARD or SIDBI, says P Satish, Executive Director, Sa-Dhan

I hope FM puts this ghost of retrospectivity behind us, says Dinesh Kanabar, CEO, Dhruva Advisors

Hope for long-term solution to liquidity needs of NBFCs, says Raman Aggarwal, Finance Industry Development Council

Long-term solution to liquidity needs of NBFCs and harmonising taxation and recovery provisions of NBFCs with that of banks and other FIs are two key reforms the industry will look forward to in the Budget