Poll Expectations Of The 'Common' Investors
Lower taxes, less corruption and more economic reforms are some of the changes that investors want after the general elections. Here are the findings of an online survey conducted recently by Economictimes.com.
Populism is out, though very few want austerity measures. Most investors want the government to widen the tax net.
Service tax contributed Rs 1,32,697 crore to the exchequer last year, but most investors want basic services to be exempt and a cut in rate.
Investors are all for the gradual removal of subsidy that is hurting oil companies and the exchequer.
There is an overwhelming support for linking basic tax exemption to inflation.
Inflation may have hurt them, but most investors think corruption is a bigger issue.
Most investors want the cap on foreign direct investment to be raised, but not removed completely.
The BJP-led NDA is seen as the best bet against black money. The Congress and Third Front are nowhere in the reckoning.