https://www.taxtmi.com/news?id=12416 Fiscal policy pursues medium term fiscal consolidation with an interim deficit target and strengthened external buffers while endorsing foreign capital to finance the current account; expenditures preserve plan outlays and prioritise social sector, defence, infrastructure and targeted state assistance. Temporary indirect tax reductions and duty rationalisations are introduced to stimulate manufacturing and specific industries, alongside proposed legislative measures for a Direct Taxes Code, GST, commodity derivatives regulation and institutional steps for public debt management and research funding. Financial sector measures include bank recapitalisation, market deepening, and operational steps for pension and education loan relief. en-us Mon, 17 Feb 2014 12:47:09 +0530 Mon, 17 Feb 2014 12:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=12416 Fiscal policy pursues medium term fiscal consolidation with an interim deficit target and strengthened external buffers while endorsing foreign capital to finance the current account; expenditures preserve plan outlays and prioritise social sector, defence, infrastructure and targeted state assistance. Temporary indirect tax reductions and duty rationalisations are introduced to stimulate manufacturing and specific industries, alongside proposed legislative measures for a Direct Taxes Code, GST, commodity derivatives regulation and institutional steps for public debt management and research funding. Financial sector measures include bank recapitalisation, market deepening, and operational steps for pension and education loan relief. News - Mon, 17 Feb 2014 12:47:09 +0530 https://www.taxtmi.com/news?id=12416