Given the festivities and continued push in demand, the collections in November could also be robust. The question, however, remains as to whether this upsurge would continue in December and beyond
The need for fiscal consolidation and the general perception that the duty cut had little impact on reviving growth could tempt the finance minister to roll back the concession.
Pratik Jain, Partner at KPMG India, says one could expect the upcoming budget to take us closer to GST, even though the exact date of implementation is still likely to be a moving target.
Pratik Jain and Supriya Oberoi Jain says in India, the credit regime has often been characterised as restrictive, ad hoc and ambiguous. Some proposals in this year's budget have made the rules e...
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