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Pre-Budget wish list 2008-2009
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Corporates' Proposal

  • Accord ‘infrastructure industry’ status to construction (2008/02/27) New
  • Assocham wants 10% surcharge on corporate tax to go (2008/02/07)
  • India Inc assures more robust show if corporate tax rates are lowered (2008/01/09)
  • CII wants greater thrust on rural economy, competitiveness (2007/12/26)
  • Nasscom for extending tax sops beyond 2009 (2007/12/18)
  • FICCI calls for cut in corporate, personal income tax rates (2007/11/23)

    Economists' suggestion

  • Economists not for cut in direct tax rates (2008/01/10)

    Electricals & Electronics

  • Export promotion body pitches for right fiscal framework (2007/12/19)

    Airlines

  • Domestic air travel could become cheaper after Budget, says Patel (2008/02/05)

    Information Technology

  • Extend STPI benefits to small, mid-size IT/ITES cos (2008/02/27) New
  • IT sector expectations (2008/02/26)
  • Maintain service tax base rate at 12% (2008/02/26)
  • Nasscom reiterates demand for extension of STPI sops (2008/02/23)
  • Extend 10A/ 10B benefit to BPO sector (2008/02/23)
  • Bring software tech parks holiday scheme on par with SEZ (2008/02/22)
  • Nasscom for extending tax sops beyond 2009 (2007/12/18)
  • Tax benefits on office space rentals sought (2007/11/13)

    Real Estate & Construction

  • Maintain service tax base rate at 12% (2008/02/26)
  • Housing growth (2008/02/25)
  • Tax benefits on office space rentals sought (2007/11/13)

    Income-Tax

  • Salaried require some tax breaks (2008/02/23)
  • Encourage investment in pension schemes (2008/02/22)
  • Wish-list: ‘Allow tax payers to submit details of assets with returns’ (2008/02/14)
  • Tax body moots clubbing exemptions with deductions to eliminate MAT (2008/01/25)

    Steel

  • Customs duty on ferro alloys may be raised (2008/02/24)
  • Stainless steel industry calls for scrapping of duty on basic inputs (2008/02/13)

    Paper

  • Focus on paper industry (2008/02/26)
  • Recycled paper mills’ wish-list (2008/02/13)

    Pharmaceuticals

  • Pharmaceuticals: Hopes on R&D, tax incentives (2008/02/22)
  • Wish-list: Pharma sector divided on excise duty relief (2008/02/11)

    Readymade Garments

  • Clothing firms seek relief from Budget (2008/02/09)

    SSI

  • Budget wish-list: FIEO demands package for rupee-hit SME sector (2008/02/09)

    Analysis

  • Issues the Budget shouldn’t ignore (2008/02/27) New
  • Need for course correction (2008/02/27) New
  • Budget for these priorities (2008/02/25)
  • Balancing prosperity with stability (2008/02/25)
  • Depreciation on intangibles in M&A - a case to re-look (2008/02/24)
  • What to look for in the Finance Bill (2008/02/23)
  • Infrastructure financing: Issues and expectations (2008/02/23)
  • The balancing act (2008/02/18)
  • For a more equitable tax regime (2008/02/16)
  • Needed, some overhauling on the services front (2008/02/16)
  • Wanted: A Budget that combats global recession (2008/02/15)
  • Soft Budgets and hard choices (2008/02/15)
  • What will not change in the Budget (2008/02/11)
  • Budget 2008: Hopes and fears (2008/01/29)
  • Budget 2008-09: Coasting along as the best option (2007/11/22)

    Agriculture

  • Allow FIIs to participate in commodity derivatives (2008/02/27) New
  • Relax norms for advances against commodities (2008/02/27) New
  • Farm reform must take root (2008/02/25)

    Automobiles

  • Roadmap for auto SEZs (2008/02/25)

    Bio-tech & Genetics

  • Withholding tax on biotech sector needs review (2008/02/27) New

    Cement

  • Cement sector: Looking for relief on input costs, excise (2008/02/23)

    Financial Services

  • Banks, MFs must be allowed in futures markets (2008/02/27) New
  • Extend capital gains exemption (2008/02/26)
  • Budget Wishlist (2008/02/24)
  • Brokerages wish for no extra burden on investors (2008/02/21)
  • Insurers seek separate tax sops for long-term savings (2008/02/20)

    Food Processing

  • Give more incentives for food processing (2008/02/27) New
  • CII seeks rationalisation of excise duty in food processing (2008/02/26)

    Infrastructure

  • Encourage investment in infrastructure developments (2008/02/26)
  • Infrastructure: Build-up of expectations (2008/02/25)
  • Infrastructure financing: Issues and expectations (2008/02/23)

    Interview

  • Holistic rationalisation of indirect taxes needed (2008/02/16)

    Oilseeds & Edible Oil

  • ‘Keep veg oil customs duty unchanged’ (2008/02/16)

    Personal Products

  • FMCGs: In good shape, but seek relief from margin pressures (2008/02/21)

    Radio/TV

  • Radio broadcasting should be removed from service tax (2008/02/27) New
  • Radio sector seeks service tax cut (2008/02/22)

    Readers' Wish-List

  • Social measures through micro-credit (2008/02/27) New
  • Raise fixed deposit rates for senior citizens (2008/02/27) New
  • Reduce personal tax (2008/02/27) New
  • Discard Central sales tax (2008/02/27) New
  • Scrap sales, service taxes on online advertising (2008/02/27) New
  • Exempt senior citizens from filing returns (2008/02/27) New
  • Levy corporation tax on companies (2008/02/27) New
  • Provide special concessions for SMEs (2008/02/27) New
  • 54EA/ 54EB investment must be made unrestricted (2008/02/27) New
  • Set up sovereign fund to raise investments (2008/02/27) New
  • Standard deduction is required for salaried class (2008/02/27) New
  • Adopt proactive policies on education & training (2008/02/27) New
  • Reduce dividend distribution tax (2008/02/27) New
  • Create stability in duty structure (2008/02/27) New
  • Re-introduce standard deduction (2008/02/27) New
  • Export-oriented units should have flexible labour laws (2008/02/27) New
  • BUDGET WISHLIST (2008/02/26)
  • Withdraw wealth tax (2008/02/26)
  • Revise individual tax slabs (2008/02/26)
  • Give subsidy for persons with disability (2008/02/26)
  • Mobilise funds from NRIs (2008/02/26)
  • Reduce dividend distribution tax (2008/02/26)
  • Restore standard deduction (2008/02/26)
  • MAT needs to be scrapped (2008/02/26)
  • Raise IT and TDS exemption limits (2008/02/26)
  • Give relief to senior citizens (2008/02/26)
  • Drop surcharge on individuals, HUF (2008/02/26)
  • Continue STPI scheme beyond 2009 (2008/02/26)
  • Remove anomaly on accommodation value (2008/02/26)
  • Check grey market operators (2008/02/26)
  • Withdraw dividend distribution tax (2008/02/25)
  • Mechanism to cut oil subsidy burden (2008/02/24)
  • Extend 10A/ 10B benefit to BPO sector (2008/02/23)
  • Extend the scope of Industrial Park Scheme, 2008 (2008/02/23)
  • Budget wish-list (2008/02/21)
  • Budget focus (2008/02/20)

    Taxation

  • MAT needs to be scrapped (2008/02/26)
  • Customs duty on ferro alloys may be raised (2008/02/24)
  • More tax incentives needed for R&D (2008/02/23)
  • Issues to address in international tax (2008/02/21)
  • Give sops to workers’ remittances (2008/02/21)
  • ‘Continue I-T sops for export-oriented units’ (2008/02/18)

    Textiles

  • Textile industry: Tied up in knots (2008/02/24)
  • Rupee-hit textile industry in need of incentives to exports (2008/02/21)

    Tyres

  • Reduce duty on natural rubber (2008/02/26)

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