WHENEVER THE BUDGET is around the corner, there is huge media speculation about the changes that the Finance Bill will likely introduce. This year is no different and the expectations from India Inc. and other constituents are as high as every year, if not more. The good part this year is that there is good tax buoyancy and the revenue targets have also been considerably exceeded. Plus, this is the last substantive Budget before the general elections begin, and hence, we are not likely to see many revenue-raising measures.
The one priority of this government is the Make in India programme. And the leading proposal from India Inc.