Watch: Budget recommendations by industry bodies to Nirmala Sitharaman08:37 AM IST
India’s first full-time woman Finance Minister Nirmala Sitharaman is all set to table her maiden budget on July 5. This is also Modi government 2.0’s first budget and expectations are high in all quarters. The Finance Minister met leading industry chambers earlier this month to elicit their views on various issues, including steps to boost industrial productivity. This forms part of the pre-Budget consultation exercise. Watch the video to find out the budget recommendations by industry bodies to Nirmala Sitharaman.
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- The markets are keenly waiting for July 5, when India's new Union Finance Minister, Nirmala Sitharaman, presents her first budget to the nation. Multiple global and domestic factors - like the state of the Non-Banking Financial Companies, geopolitical tensions hitting crude oil prices, and sluggish global growth - have caused nervousness in the markets. In such a situation, will the government seek to infuse confidence by possibly abolishing the Long Term Capital Gains tax? Surya Bhatia, Managing Partner at Asset Managers speculates on such a move and others, ahead of the Budget presentation. Watch the full video for more.