Pre Budget Expectations

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  Budget 2019: Need Import Duty Relief On Lifesaving Equipment, Says FICCI

  The industry body, Federation of Indian Chambers of Commerce and Industry (FICCI) in its Pre-Budget Memorandum, has demanded that Foreign Direct Investment (FDI) regime should be liberalised for investment relating medical education. FICCI has also called on the government for providing relief on import duty for lifesaving equipment.

• Opinion: Government Should Reduce Capital Gains Tax Window

  Another important point is stamp duty regularisation which varies across states from 3% to 6% along with GST in a state like Maharashtra makes the tax liability of an end user very high to the tune of 12% plus 5% i.e. 17% vis a vis pre GST tax liability of 10.5%.

• Pre-Budget, silence is golden

  Is there really a serious need on the part of the government to maintain this veil pre Budget, for almost two months every year?

• Trade Union leaders for worker-oriented budget

  Trade union leaders pressed for a worker-oriented budget aimed at generating employment