Budget 2013: FM must target stability in tax regime, say experts
By Ira Dugal | Published On: February 22, 2013 13:30 (IST) | Duration: 22 min, 54 sec
The finance minister must target stability in the tax regime through his budget proposals, say former finance secretary, S. Narayan, and Mukesh Butani from BMR Advisors. They suggest that the FM can consider imposing a surcharge on higher income brackets in order to raise revenues and also give a clear timeline on the implementation of GST. However, they add, he should avoid bringing in an inheritance tax.