Budget 2015 does not dole out largess to any sector. What it has tried to do is revive the capex spending activity in the private sector by setting its own spending as an example. It also seeks to set the stage for a more efficient tax system (direct and indirect) in the country and also fine tune laws/processes governing the backbone of the economy – the banking and finance system. While this may have resulted in some positives and small negatives for quite a few sectors, we highlight below a few key measures proposed and their impact on the respective sectors.
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