Feel-good measures may include revision in tax slabs and rates for individuals and corporates
Wants TDS cut from 10% to 2%, and applied on commission earned, not on gross invoice value
Naidu committee wants MDRs waived for Aadhaar-based systems
Two coastal economic zones - one each in Gujarat and Andhra - are being planned
Budget can also provide concessions to encourage digital adoption, says Pranjul Bhandari
Budget may raise interest deduction from Rs 2 lakh to Rs 2.5 lakh
Gems and jewellery industry has demanded cut in the import duty from the current 10% to 2%
Under inverted tax structure, duties on finished goods are lower than import duty on raw materials
The current corporate tax rate works out to be 30 per cent plus cess and surcharge
The current corporate tax rate works out to be 30 per cent plus cess and surcharge
High possibility of taxes going up and incentives being reduced
Also, the CCEA has given the go-ahead for listing of shares of five general insurance companies
Subsidies may affect fiscal math but income declaration scheme-2 and raids keep receipts flowing
Higher levy on dividends earned by individuals also on govt's radar
Economists said fiscal deficit should remain at 3% and govt should not deviate from fiscal roadmap
Rate could be set lower at 12 per cent, while for most others it might settle at 18 per cent
Improved tax mop-up after demonetisation may give govt enough headroom to effect these changes
Budget announcements will come right before five states, with population of around 250 million, go to polls
Restructuring of tax slabs will be a big relief for the urban middle class
The Budget for 2017-18 is scheduled to be presented by the Finance Minister on February 1