INDIA – UNION BUDGET 2007-08

March 5th, 2007 - by Chris Devonshire-Ellis
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Please see below the highlights of the new Indian budget, with details of tax policies and changes reviewed. This is courtesy of the Dezan Shira & Associates partner firm in India, Rahul Gautam Divan & Associates. Both firms are members of the Leading Edge Alliance (www.leadingedgealliance.com), an international partnership of firms in 78 countries, with collective revenues of USD2.3 billion.

Key Features of the 2007-2008 Union Budget

By Rahul Gautam Divan & Associates

AN OVERVIEW OF THE ECONOMY
• 2005-06: Growth rate was 9%, with the manufacturing sector at 9.1%;
• 2006-07: GDP growth likely to be 9.2% with the manufacturing sector at 11.3%; the services sector to 11.2%. Average inflation in 2006-07 is between 5.2% and 5.4% vis-à-vis 4.4 in 2005-06.

For full report see: http://www.2point6billion.com/INDIA_Budget_Highlights_2007-08.pdf

Further comment on the budget can be found here:  INDIA - Union Budget 2007- 08:  www.indiabudget.nic.in/ub2007-08/bs/speecha.htm.

and here: Budget Documents 2007 - 08: www.indiabudget.nic.in/ub2007-08/ubmain.htm.

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This entry was posted on Monday, March 5th, 2007 at 7:12 pm and is filed under Business. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.



One Response to “INDIA – UNION BUDGET 2007-08”

  1. Rahul Divan Says:
    March 6th, 2007 at 5:43 pm

    Many thanks for posting our budget summary on your website. If anyone needs any information/clarification on the same, they may contact me at Rahul@rgd.firm.in

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