FM: Confident to Achieve Appreciable Growth Despite Negative Sentiments Across the World; Hopes to Repeat the Growth Performance of 2010-11 in the Current Year (2011-12) as Well; Committed to the Fiscal Balance Target of 4.6 for Fy 2011-12; No Proposals for Introducing Dual Pricing for Diesel or Increase in Duties for Bridging Any Perceived Shortfalls in Tax Revenues

FM: Confident to Achieve Appreciable Growth Despite Negative Sentiments Across the World; Hopes to Repeat the Growth Performance of 2010-11 in the Current Year (2011-12) as Well; Committed to the Fiscal Balance Target of 4.6 for Fy 2011-12; No Proposals for Introducing Dual Pricing for Diesel or Increase in Duties for Bridging Any Perceived Shortfalls in Tax Revenues https://www.taxtmi.com/news?id=2078 Affirming commitment to fiscal discipline, the statement rejects dual diesel pricing and duty increases as stopgap revenue measures, links monetary tightening and budget initiatives to moderating demand and inflation, and sets priorities on agricultural productivity, education and skills, infrastructure investment via PPPs and dedicated financing mechanisms, land acquisition and environmental clearance reform, and financial sector legislative and regulatory consolidation alongside electronic administrative simplification. en-us Mon, 08 Aug 2011 11:37:19 +0530 Mon, 08 Aug 2011 11:37:19 +0530 TaxTMI RSS Generator FM: Confident to Achieve Appreciable Growth Despite Negative Sentiments Across the World; Hopes to Repeat the Growth Performance of 2010-11 in the Current Year (2011-12) as Well; Committed to the Fiscal Balance Target of 4.6 for Fy 2011-12; No Proposals for Introducing Dual Pricing for Diesel or Increase in Duties for Bridging Any Perceived Shortfalls in Tax Revenues https://www.taxtmi.com/news?id=2078 Affirming commitment to fiscal discipline, the statement rejects dual diesel pricing and duty increases as stopgap revenue measures, links monetary tightening and budget initiatives to moderating demand and inflation, and sets priorities on agricultural productivity, education and skills, infrastructure investment via PPPs and dedicated financing mechanisms, land acquisition and environmental clearance reform, and financial sector legislative and regulatory consolidation alongside electronic administrative simplification. News - Mon, 08 Aug 2011 11:37:19 +0530 https://www.taxtmi.com/news?id=2078