Pre-Budget expectation 2015-16 by Mr. Sridhar P S, SVP – Finance, Aspire Systems

  • Aspire-Systems-Sridhar-P SSome Direct Tax benefit especially for companies which has more than 50 % export revenues . May be a progressive measure
  • No introductions of any measure which will have Service Tax increases; has to clarify on the services 
  • GST roll out
  • Transfer pricing norms between related entity to be rationalized  keeping in view the ease of doing business in India
  • DTAA interpretation and implementation to be made lucid , especially in terms of definition of Technical services
  • From a Macro angle, would expect to see large Fund allocation for infrastructure, especially on Power, Roads and Rails. A corresponding Bond Scheme with Tax saving options could be the fund raiser
  • Mutual Fund Debt Scheme could be bought back to 1 year horizon, as Interest Rates have started  moving down
  • The Government, I feel, will focus on the Digitizing  and Automation

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