Dear FM, Here's The Country's Wish List For Budget 2015

4. Automobile Sector:
In the 2014 budget there was no direct measure for this sector. Hence the expectations of this sector are high from the pro-industry government. Jnaneswar Sen, Sr. Vice President, Honda Cars India said, “Positive economic reforms such as lowering of interest rates, long term stability in excise duty structure and introduction of uniform tax structure can help in stable and sustained growth of the industry. The consumer also has lot of favorable expectations from the Union Budget in terms of Direct Taxes which will give extra money in the hands of consumer and help revive the consumer sentiments.”

5. Divestment:
On January30, the government decided to launch the Rs 24,000 crore share sales. This led to a 22558crore profit. So, at the core this sector looks forward to the government to make further sales. The government can earn upto Rs 3,000 crore by selling a stake in Power Finance Corporation and Rural Electrification Corporation in recent days.
 

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