Watch LIVE Streaming Union Budget 2015, The Finance Minister Arun Jaitley is presenting a common man- friendly Union Budget on Today by either raising tax slabs or hiking investment limit in savings instruments.
Besides giving sops to individual tax payers, he is also expected to unveil initiatives to boost investments by corporates and promote manufacturing as part of the ‘Make in India’ campaign that aims to make the country a global manufacturing hub and create jobs.
Also Read: Union Budget 2015 Highlights
The economy needs investments, but the private sector is reeling under falling profitability. The government has been cutting back on its expenditure. Consumers have got some relief from high inflation, but there’s no sign that demand is rising.
Investors are wary that markets have run up ahead of fundamentals. Clearly, meeting expectations will be a tough job for the 62-year old finance minister.
Watch LIVE Streaming Union Budget 2015
The first full year budget of this government is awaited with bated breath. Expectations are higher than normal.