Monday, February 9, 2009

Govt may announce export sops in interim budget

Date : Feb-07-2009 12:54
The government will take further steps to ensure that labour intensive sectors are less adversely affected, said Pranab Mukherjee, the External Affairs Minister, who is also holding the charge of the finance portfolio.

The biggest beneficiaries are likely to be the export-oriented units. However, on the taxation front, the focus are going to be the indirect taxes and the export sops are being mulled. The extension of tax relief for export oriented units as well as the software technology parks are also on the cards. Besides this, on the expenditure side, the spending on schemes like the ''sarva shiksha abhiyan'' and mid day meal may see growth of 20 per cent.

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