Budget expectations: Bengal Chamber wants corporate tax structure reduced to 28 per cent
Kolkata, Jan 31 (IBNS): The Bengal Chamber of Commerce and Industry, a Kolkata-based chamber of commerce, has put forth its expectations from the Union Budget 2018.
Major expectations include:
1. Corporate tax structure to be reduced to 28 per cent from the existing 30 per cent
2. Significant public capital investment in infrastructure in the areas of pre and post harvest technologies leading to faster growth in agriculture. In addition, this is expected to generate lot of employment and value creation.
3. Provide directions to incentivise stronger linkages of FDI with Value Chains.
The tabling of the Union Budget 2018 in the Parliament is scheduled for Feb 1, Thursday.
Image: Bengal Chamber Website
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