Union Budget 2010-2011 Live webcast of Finance Minister's Speech during the presentation of India budget will be available on budgetlive.nic.in.The Union Budget is presented each year on the last working day of February by the Finance Minister of India in Parliament.
Finance Minister Pranab Mukherjee faces a tough choice – stability or growth, subsidies or reform, expenditure or fiscal consolidation. will taxes go up or down this Budget?
CNBC-TV18’s Menaka Doshi caught with veteran tax & industry experts, Ketan Dalal, Executive Director of PwC.Ketan Dalal says, “My expectation is that it will not be very significant except perhaps some dovetailing into a potential Direct Tax Code (DTC).”
Ketan Madia, VP-Tax at GE India says, “I would expect no changes in the Direct Tax rate, partial rollback on the economic stimulus and some kind of a roadmap on goods and services tax (GST) and Direct Tax Code.”
Sudhir Kapadia, Partner of E&Y says, “What I expect is a reduction of corporate tax rate to 30% and recalibration of indirect tax rate to the pre-stimulus level.”
Rohan Shah, Managing Partner of ELP says, “Expect that there will be rollback of stimulus and some affirmative action not very large but some affirmative action in relation both to GST and the DTC.”
The National Budget Portal also has complete details of the Union Budgets, Economic Surveys, Railway budget and State budgets of the previous Years.
Finance Minister Pranab Mukherjee faces a tough choice – stability or growth, subsidies or reform, expenditure or fiscal consolidation. will taxes go up or down this Budget?
CNBC-TV18’s Menaka Doshi caught with veteran tax & industry experts, Ketan Dalal, Executive Director of PwC.Ketan Dalal says, “My expectation is that it will not be very significant except perhaps some dovetailing into a potential Direct Tax Code (DTC).”
Ketan Madia, VP-Tax at GE India says, “I would expect no changes in the Direct Tax rate, partial rollback on the economic stimulus and some kind of a roadmap on goods and services tax (GST) and Direct Tax Code.”
Sudhir Kapadia, Partner of E&Y says, “What I expect is a reduction of corporate tax rate to 30% and recalibration of indirect tax rate to the pre-stimulus level.”
Rohan Shah, Managing Partner of ELP says, “Expect that there will be rollback of stimulus and some affirmative action not very large but some affirmative action in relation both to GST and the DTC.”
The National Budget Portal also has complete details of the Union Budgets, Economic Surveys, Railway budget and State budgets of the previous Years.
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