Just a week for Budget Day

04 Jul,2014

 

Replaying the MxMIndia series powered by Bloomberg TV India where industry captains highlight their Budget Expectations

 

 

 

 

BudgetSpeak #1: CVL Srinivas: Budget 2014 – An opportunity to reboot M&E

If Information Technology was the hero of the 1990s and early 2000s, the Media and Entertainment (M&E) Industry has the potential of emerging as the next big growth driver of the Indian economy. Read more…

 

BudgetSpeak #2: Sanjay Tripathy: Long-term financial planning needs impetus

In the absence of a formal social security framework there is a need to provide tax incentives for growth of disciplined savings behaviour. I believe Life Insurance plays a critical role in using small savings for capital formation. Read more…

 

BudgetSpeak #3: Ashish Bhasin: Need for incentives to do more R&D

Rationalization
of Tax Practice on Advertising and Media Industry: Here, specific reference is to the service tax which has to be rationalized. The surcharges need to be removed.
Read more…

 

BudgetSpeak #4: Anisha Motwani: Need relief in I-T to increase household savings

With strong fundamentals, the Indian economy has tremendous growth potential. The new government has shown intent in the right direction and the Union Budget must turn them into actions to make a difference. Read more…

 

BudgetSpeak #5: Sandeep Sharma: Time to translate intent into action from the Budget

After the new government has taken charge there is a huge expectation on the economic development of the country. The government has also made the right noises on various subjects signalling an intent to progress and accelerate the economy. Read more…

BudgetSpeak #6: Kartik Sharma: Budget of Hope

I expect the first Budget from the new government to have significant policy changes for both the short- and long-term. While the list of expectations is large I expect improvements in five areas from this Budget in the short-term. Read more…

 

BudgetSpeaks #7: R S Sodhi: No toll for milk tankers on highways, please…
A] Income Tax:
1. Reduction in Income tax on Cooperative Sector :
Cooperative Societies are working for the benefit of farmers and it has brought prosperity especially in the villages. At present, there is no basic exemption to cooperatives under Income Tax Act. Read more…

 

BudgetSpeak #8: Harish Shriyan: Exempt small- and medium-sized advertisers from service tax

My expectations from the new Budget:
1. In general, the Budget should focus on containing inflation, investment on infra and power sector and create more jobs. Read more…

 

BudgetSpeak #9: Amar Babu: Need to rectify inverted tax structure

This Budget marks the first litmus test propelling the development agenda; the past years have witnessed an economic downturn and a downturn of domestic growth. The Budget should address the issues curtailing investment sentiment and bring renewed optimism for sustained economic growth. Read more…

 

BudgetSpeak #10: Suresh Balakrishna: Govt will have to take tough measures

To me, it will be a development-focused Budget which means it will be a mixed bag Budget. The government will have to take tough measures. Read more…

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