Wish List for Budget 2016

CA Chiranjiv Kumar , Last updated: 25 January 2016  
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Revamping FRBM Fiscal Responsibility and Budget Management (FRBM) Act 2003 was meant to bring deficit under control. But it is now flawed because it allows no flexibility in fiscal deficit target. It should be revamped. Rationale behind the fiscal deficit trajectory should be stated (which can come

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CA Chiranjiv Kumar
(www.chiranjivkumar.com)
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