We look forward to lower inflation, said Finance Minister Arun Jaitley, presenting the Budget. Adding he said controlling inflation our first priority, aim to lay down a broad policy indicator, economic situation is a great challenge, need to revive growth, to be watchful of CAD, cannot spend beyond our needs, fiscal deficit aimed at 3.4% of gdp in 2014-15 and 3%
In 2015-16, fiscal deficit aimed at 3.4% of gdp in 2014-15 and 3%
In 2015-16, need to take steps to revive economy, growth in infrastructure sector, have to address black money, hope to bring gst during the year, target of 4.1% fiscal burden in daunting, hope to bring further course of action on GST implementation by year end, tax to GDP ratio must be raised, committed to provide stable and predictable tax regime, Government to set up expenditure management commission, aim for 7.8% economy growth in next 3-4 years, FY16 fiscal deficit target at 3.6% said Finance Minister while presenting the budget.
Follow our WhatsApp channel