FinMin prepares 100-day agenda for new Govt; focus on boosting economy, investment

NEW DELHI: With the Lok Sabha election process coming to an end, the Finance Ministry has prepared 100-day agenda for the new Government with an aim to push the economy which has slipped to 6.6 per cent in the third quarter of 2018-19.

Among other things, the agenda is likely to focus on increasing private investment, employment generation and giving relief to the farm sector, sources said.

Besides, the agenda also include improving direct and indirect tax collection. Simplification of tax procedure especially with regards to the goods and services tax is also on the cards.

As announced in the interim Budget, the decision with regard to changes in tax slab or tax rate as far as income tax is concerned could be taken in the final Budget for 2019-20 probably in July. (AGENCIES)

 

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