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The Federation of Indian Export Organisations is likely to propose investment-linked incentives without any threshold limit for medium, small and micro enterprises since the current threshold limit of Rs 100 crore is only applicable for large companies.
Rafiq Ahmed, President of FIEO, is attending a pre-Budget meeting with Finance Minister Arun Jaitley.
Fiscal incentives such as the one proposed by FIEO are likely to encourage capital infusion in labour intensive sectors.
Ahmed is likely to propose investment allowance without any threshold limit or with a high threshold of Rs 1 crore for small-scale and Rs 5 crore for medium-scale industries to help add capacity and achieve the export target over the next five years.
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