BUDGET

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Budget 2015-16 in eight charts

There were some big new developments in Saturdays budget, but the stories emerged from the
Budgets fine print, not the speech in Parliament. 1. The biggest story of this Budget is a major
change ...

REACTIONS TO BUDGET 2015

'Budget a big disappointment for middle class'

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'Budget will solidify foundation of growth'

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Budget is like 'dhan wapsi': Opposition
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Budget pragmatic, will re-ignite growth, says Modi

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Budget a "visionary" document: India Inc

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Is the budget women-friendly?
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Nothing for us in budget, rues farmers body

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Budget lacks clear roadmap: Manmohan Singh

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WHAT THE INDUSTRY WANTS


Financial Services
Higher income tax exemption limit for home loans and increased FDI in insurance sector
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Mutual Funds
Announcement of new scheme for investors to replace Rajiv Gandhi Equity Savings Scheme
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Cement industry
Cement should be treated as 'declared goods' for tax purposes
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Infrastructure
Introduction of low-cost financing scheme for export of goods
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Realty
Extend tax holiday under Section 80(IB) to new affordable housing projects
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Automobile
Cut in excise duty for cars and higher infrastructure investment to give boost to commercial vehicle
industry.
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Healthcare
Raising healthcare spending to at least 2.5% of GDP in next two years
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Textiles
Cut in duties to equalise costs of raw material, value addition with international prices
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Tourism
Remove Service Tax on foreign exchange transactions of tourism services.
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IT
Creation of special infrastructure for technology start-ups and SMEs.
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Renewable Energy
Tax exemptions for development of common infrastructure for Integrated Solar Manufacturing
Hubs
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