Pranab Mukherjee can partly reboot the investment cycle and rebuilding business confidence by orchestrating a move towards fiscal rectitude — so that private investment is not crowded out by government overborrowing.
Hhow can the finance minister raise revenues without additional taxation?
But, how can he raise revenues without additional taxation? And if he must tax, where must he go looking for additional revenue?
From corporates, who are anyway reluctant to invest, or hitherto untaxed or undertaxed sectors like agriculture and services?
A Firstpost panel of economists examines the finance minister’s options.
See more Budget 2012 videos and expert views on Firstpost: Ajay Shah, Rupa Rege Nitsure, Indranil Pan, Ashima Goyal, Jim Walker, DK Joshi, Ajit Ranade, Art Woo.
See more Budget 2012 issue based videos on Firstpost: Subsidies, Fiscal Deficit, Inflation.
