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Untitled Document
Economic Survey 2009
Economic Survey 2009
  
July 2, 2009
 
 
Economy News
What India Inc wants
India Inc   Bill on insurance
'The Govt must speed up the long-awaited reform process in the insurance sector.'
• Textile industry seeks duty incentives
• Auto parts sector seeks more duty cut
• IT vs I-T: Spare tech from tax
• Power cos eye tax sops, pro-investment move
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Survey Highlights
• Decontrol petrol and diesel prices
• Fertiliser subsidy directly to farmers
• Reduce oil, fertiliser, food subsidies
• Survey for removal of cesses and surcharges
• Tax cuts needed
• High liquidity could lead to inflation spiral
• Govt should implement GST from April 2010
• Raise foreign equity limit
• Sees early economic revival
• Limit subsidy on LPG cylinders
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Budget Updates
Budget Updates   Abolish fringe benefit tax
'Expenditure on gifts to customers client meetings, travel conveyance etc should not be liable for FBT'
• 'Govt spending alone can't sustain recovery'
• PM hopes for smooth Budget session
• Budget: Don't expect drastic changes
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People behind the Budget
    With Dr Manmohan urging Pranab to focus on aam aadmi, the task outlined for the top echelons of the Finance Ministry is quite clear  
• All-rounder Pranab Mukherjee
• Mamata Banerjee: Bengal Express

Flashback

Interim Budget 2009 | Budget 2008 | Budget 2007
Railway Budget 2008 | Railway Budget 2007
 
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