Modi's Budget 2015: Key to Revive Capital Markets


2. Tax Limit Exemptions: BudgetUnlike it’s maiden budget, which managed to provide some relief to tax payers, there are many expectations from this year’s upcoming budget too. The tax limit exemption in the last year was raised till 2.5 lakh and in this year it is expected to rise up to 3 lakh.

This will prove to be a major relief to the majority of the tax payers of the country. Along with boosting up the savings of the common man, this will also benefit the country bringing up investments in the economy.

3. Banking and Infrastructure: The government may provide initiatives to improve fund flow in infrastructure and banking. It will be a good move for the people and retailers, if the government dilutes the shares of public sector banks.

It will also offer required resources and liquidity to the banks leading to support in productive results in the economy. Budget 2015 is expected to bring ways in boosting up financial institutions and infrastructure.

Read More: Expectations High On Modi's Budget Regarding Indirect Tax

Budget 2015: Certain Direct Tax Reforms We Wish To See