Home » Business » Demand for cut in income tax rates
"On tax reforms front, I would be very happy to see the reduction in individual income tax levels as it leaves the consumer with more spending power hence builds consumption leading to higher economy growth. Also I expect reduction in the corporate tax rates."
"The budget should also include some special schemes for boosting exports, which is the need of the hour. India's exports could witness a significant improvement in coming years if the government adopts proactive measures. Also on the social front I would like to see some special provision for drinking water should be made in Mumbai and some allocation to be made for getting the sea water purified to drinking water," he said.
What do you expect from the forthcoming Budget for 2010-11? Tell us!
Follow, discuss Day 3 of the India-SA first Test
IIP growth encouraging; will boost GDP: FM
Maoists blow up tracks on Howrah-Mumbai route
Good opportunity for EcoBoost engine in India:Ford
India blinked over resumption of talks: Pak