Convert tax gains into higher investments: FM to cos

Monday, 28 March 2011, 15:07 IST
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Mumbai: Finance Minister Pranab Mukherjee today sought higher investments from companies in return for boosting their business margins through budget proposals like sparing any hike in excise duty rates. He also sought help from Corporate India in pushing further the government's economic growth and reforms agenda and said this support was necessary for him to meet their expectations. "Just as I have to meet up to your expectations to get you to scale new heights of productivity and growth, you also have to meet my hopes, in the process strengthening my hands," he said in opening remarks at post-budget conference organised by industry chamber Assocham here today. "Reforms are not a one shot exercise; they have to be pursued continuously in keeping with the changing contexts and the growing aspirations of the people. I can do more, when I have the space to do more.
Source: PTI
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