With the global economic slowdown yet to reverse, India’s focus should be on boosting domestic demand and the same is expected from the Budget. Business sentiments should be boosted to draw foreign and domestic investors to the stock market and thus help companies address their liquidity challenges.
Exporters should receive the much-needed attention and the Government should decipher how to put together a hassle-free regime for exempting exporters from the incidence of the remaining un-rebated indirect taxes.
Source : Business Line