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What Can We Do In The Global Recession?

机译:在全球经济衰退中我们能做什么?

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The global meltdown witnessed during the last few months continues unabated. Though the Govt. of India had announced three stimulus packages since December 2008, they have not produced any tangible results so far. No doubt, reduction of 4% in the Excise duty across board, downward revision of Service Tax to 10% from 12%., extension of Customs duty on Naphtha Import etc. are welcome measures to stimulate the sagging economy. The impact of these reliefs would be palatable in a few months time. The India Corp was very optimistic that the last Budget presented by the UPA Govt. would be liberal in announcing many a relief measure including tax concession. They were to a great extent belied by the acting Finance Minister, Mr. Pranab Mukherjee citing the propriety to present the full budget in view of the impending end of Govt. tenure.
机译:过去几个月目睹的全球经济崩溃仍未减弱。虽然政府。自2008年12月以来,印度的印度政府已宣布了三项刺激计划,但迄今为止尚未产生任何实质性成果。毫无疑问,全面降低消费税4%,将服务税从12%下调至10%,延长石脑油进口关税等都是刺激经济增长的可喜措施。这些救济的影响将在几个月后变得可口。印度公司对UPA政府提出的上一份预算非常乐观。在宣布包括税收减免在内的许多救济措施时将是自由的。代理财政部长普拉纳布·穆克吉(Pranab Mukherjee)先生在很大程度上认为这是他们的理由,因为政府即将结束,因此有责任提出全部预算。任期。

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    《Colourage》 |2009年第3期|30|共1页
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