#UnionBudget2016
It is welcome that Duty drawback schemes will
be widened, to give impetus to sagging exports. But emphasis shall also be on
fine tuning the existing schemes and promote transparency. Budget outlay of
more than 2 lakh crore in infrastructure sector, would fuel economic activity
and kicky start the economy. The budget outlays for infrastructure sector would
help the cement and steel industry to improve their performance. Service tax on
spectrum fees will increase the cost of providing telecom services, and will
hit telecom companies and the quality of service.
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