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Budget 2016: Experts speak!

Finance Minister Arun Jaitley's third Budget has entered the last mile run cloaked in secrecy and apart from his statement that it will not be populist and would address the problem of under-investment in the economy, very little is known about it. Hence, experts take a view at it.

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Devika Chhibber
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Budget to focus on farmers, jobs, poverty eradication : Minister of State for Finance Jayant Sinha

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Budget likely to meet numbers for first time in 5 years: Infosys' Infosys former top executive T V Mohandas Pai

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Raise the import duty on all steel products to 25 per cent in the upcoming Budget: Ficci

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India remains a bright spot amid the global slowdown: Economic Affairs Secretary Shaktikanta Das

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#RailBudget2016 prepared keeping in view aspirations and needs of the people: Railways minister

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“India’s overall tax to GDP is about 5.4 percentage points less than that of comparable countries,” as per the report tabled by Finance Minister Arun Jaitley.

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Budget 2016 should rationalise entertainment tax, exempt newsprint from VAT and end double taxation on temporary transfer of movie rights to television channels, experts say.

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1) This budget is average or below average. Yes, the budget is more focused on rural sector, but the main issue is delivery mechanism in the state apparatus, the government has to deal with this basic issue first: NK Singh, Senior Jouranalist