What to expect from upcoming budget......?

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PrabhatP
Posts: 61
Joined: Thu Dec 11, 2014 10:46 am

Re: What to expect from upcoming budget......?

#1 Postby PrabhatP » Thu Feb 05, 2015 9:18 am

There is a huge expectations from the upcoming budget as the government has promised so many things. The major being in Manufacturing sector and specially for MSMEs, pushing reforms aggressively, change in income tax and indirect tax, infrastructure front, etc. We will have to wait and see how Mr. Jaitley presents his union budget and keeping intact the expectations of the corporate as well the citizen of this country including the rural population specially farmers.

Lal
Posts: 121
Joined: Mon Nov 17, 2014 5:09 pm

What to expect from upcoming budget......?

#2 Postby Lal » Tue Feb 03, 2015 9:23 am

This upcoming budget will be the NDA's first full fledged budget as last year it was mix of UPA and NDA government. We are expecting that NDA govt will able to achieve its fiscal deficit target of 4.1% and the govt will try to contain it further in next financial year. We can expect the speedy roll out of GST which will be the measure achievement of this upcoming budget if it succeeds in doing so. The government have abolished subsidies in different commodity like petrol and diesel but wherever it exists it will be direct cash transfer to the intended beneficiary's bank account.

So I hope the upcoming budget will modernize the Indian economy by initiating the important reforms.


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