Immediate fund allocation for,Citizen card for every Indian, High class Hospitals in all towns, Tax payers to get first class treatment in all walks of life like railway ticket booking, hotel reservation, hospitals, food ration.
Friday, February 29, 2008
Bluebird (India) Ltd
Mr. Sontakke, CMD:
Excise duty on office stationery should be reduced.
There should be no VAT on the educational stationery. Government is taking initiations in educational sector. We are seeking this constructive change in the coming budget plan.
Raw material and paper industry is also similarly getting affected so excise duty and vat should be reduced.
harshala.nayak@adfactorspr.com
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ICRA Ltd
Mr. P.K. Choudhury, Vice Chairman & Group CEO:My expectations from the budget would aim at balancing the needs of equity, efficiency and future sustainability.
Prioritise indirect tax rationalization - bring Service taxes under a VAT-like framework.
Tackle inflation in primary goods, specifically agricultural products – includes Technical interventions to improve land productivity, infrastructure investments to lower transportation and handling losses.
Prioritise indirect tax rationalization - bring Service taxes under a VAT-like framework.
Tackle inflation in primary goods, specifically agricultural products – includes Technical interventions to improve land productivity, infrastructure investments to lower transportation and handling losses.
More...
Milestone Capital Advisors, Pvt Ltd
Mr Ved Prakash Arya, MD:Real Estate Investment Trust (REIT): REITs enjoys worldwide government support and tax benefit hence they are one of the better mechanism to hold properties and a means for the retail household to participate in the growing real estate market. FM should consider providing necessary tax break (as available world wide, and similar to mutual funds) so they became a reality rather them dream.
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AbsolutData Research and Analytics
Suhale Kapoor, EVP and Co-founder:
There are a number of steps that the government can take in order to help IT/BPO companies sustain the momentum gained so far, and ensure India remains the preferred global destination for providing such services. These companies - especially small and medium enterprises, are currently facing the challenges of achieving aggressive growth, along with issues of increasing infrastructure cost, finance rates, exchange losses, lack of skilled resources, attrition etc.
kavita@greycellpr.com
www.greycellpr.com
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There are a number of steps that the government can take in order to help IT/BPO companies sustain the momentum gained so far, and ensure India remains the preferred global destination for providing such services. These companies - especially small and medium enterprises, are currently facing the challenges of achieving aggressive growth, along with issues of increasing infrastructure cost, finance rates, exchange losses, lack of skilled resources, attrition etc.
kavita@greycellpr.com
www.greycellpr.com
More...
S.Bhasker
Our FM P Chidambaram is known for several proactive initiatives during his present and past tenures in the Government. Salaried class is the most hapless and honest taxpayers among the entire lot. More so the middle class salaried class! The rising inflation may make private sector salaries withstand the ever-increasing tax slabs. Dispensing with Standard Deduction is a major set back to the salaried class. Quite often they face the monsters in their own backyard as DDOs of their offices who lack professional acumen to understand the nuances of the bulging Income Tax Act deduct Tax more than legally due and make the staff run around IT offices seeking refund. FM should take effective steps to make this process transparent and fix timelines.More...
Pankaj Arora
Govt should change One Lakh Tax relief limitThere are many reasons for increasing the income tax rebate of one lakh limit. Indian economy is growing at the GDP of above 8% now and inflation is in the range of 3-4% i.e. if one person is earning 1 lakh 3 years earlier is equivalent to approx 1.13 lakh now and keeping the minimum slab for income tax rebate of 1 lakh constant means he has to pay tax on 12 thousand means it's a increasing burden on the lower income group.
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