New Delhi, Feb. 27
The Finance Minister is expected to rationalise taxes and address issues of boosting infrastructure investments, according to a survey carried out by Federation of Indian Chambers of Commerce and Industry (FICCI). With strong demand conditions in the economy showing signs of evening out, a further improvement would require new and innovative steps by the Government, says FICCI's Q3 Business Confidence Survey.
The survey covered 407 companies representing sectors such as telecom, heavy equipment and machinery, financial services, textile, steel, paper, metal, FMCG and IT among others. The turnover of the companies ranged from Rs 1 crore to Rs 64,000 crore.