An indirect hike on passenger fares by way of a safety or a modernisation surcharge? Deployment of level-2 of the European Train Control System (ETCS) project for ensuring passenger safety? Grand plans to ramp up catering services by roping in global firms such as the Singapore Airport Terminal Services and the Cremonini of Italy?
As Finance minister Pranab Mukherjee resorted to mopping up more taxes, a disappointed India Inc today said his Budget is a "missed opportunity" and would have cascading impact on inflation and consumer demand.
Finance minister Pranab Mukherjee is likely to slash the securities transaction tax (STT), in a move that is likely to boost investor sentiments. The government is, however, unlikely to impose the commodity transaction tax (CTT) on commodity futures and options. HT reports.