BackI would remove fringe benefit tax
I would remove fringe benefit tax
Premium
What are the three things you wish for from the Budget?
If you could end one thing, what would that be?
Fringe benefit tax should be removed.
If you were finance minister, what would be the one thing outside your industry you would want in the Budget?
What is the one thing you don’t want changed?
There shouldn’t be any change in direct taxes. We are evenly balanced at the moment and should keep it so.
Which budget disappointed you the most? Why?
Most budgets have been average. But the truly outstanding ones were Manmohan Singh’s 1992 “economic liberalization" Budget and P.Chidambaram’s 1996 “dream budget".
One proposal you think is shot down in every budget but shouldn’t be.
The imposition of tax on wealthy farmers and reducing fuel subsidies.
What would you consider to be inclusive growth?
Inclusion would mean growth and its benefits are equitably shared by various sections of the population. For instance, rising agricultural incomes, better farm productivity, increase in middle class surpluses, etc.
Rashesh Shah is chairman, CEO and managing director, Edelweiss Capital Ltd.
By Rachna Monga
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!
