FinMin panel for focus on middle class

making a case for widening the tax network, the consultative committee of finance on Monday pitched for a budget focussing on middle-class. The committee also sought relief for India Inc in form of reduction of dividend distribution tax where the companies have set up subsidiaries abroad.

In the first meeting of this year, committee also said that service tax on food items, storage of food grains and customs duty on sports equipment be relaxed and cheaper home loans for young borrowers aged below 35.

Please read our terms of use before posting comments
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
comments powered by Disqus