https://www.taxtmi.com/news?id=15441 The Finance Minister urged increased private investment in infrastructure to complement continued public spending despite fiscal pressures. Key policy recommendations included disinvestment to raise revenue, targeted direct subsidy transfers, expansion of the tax base with calibrated withdrawal of Minimum Alternate Tax, rationalisation of exemptions and early GST implementation, and procedural tax-administration reforms to reduce discretion. To revive infrastructure and private financing, proposals included creating a national infrastructure investment vehicle, using infrastructure finance companies, replacing bank guarantees with bid or surety bonds, and bank recapitalisation to address non-performing assets. en-us Thu, 07 Jan 2016 09:38:30 +0530 Thu, 07 Jan 2016 09:38:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15441 The Finance Minister urged increased private investment in infrastructure to complement continued public spending despite fiscal pressures. Key policy recommendations included disinvestment to raise revenue, targeted direct subsidy transfers, expansion of the tax base with calibrated withdrawal of Minimum Alternate Tax, rationalisation of exemptions and early GST implementation, and procedural tax-administration reforms to reduce discretion. To revive infrastructure and private financing, proposals included creating a national infrastructure investment vehicle, using infrastructure finance companies, replacing bank guarantees with bid or surety bonds, and bank recapitalisation to address non-performing assets. News - Thu, 07 Jan 2016 09:38:30 +0530 https://www.taxtmi.com/news?id=15441