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Removal of FDI / FII distinction should simplify foreign investment regime First step to creating a Bank Holding company. Positive for banking stocks especially PSU banks
FY16 expenses at Rs 13.13 lakh crore: FM
Total expenditure estimated at crore Rs 17.70 lakh crore: FM
Govt Plans to introduce DT regime that is internationally cometitive on rates without exemptions.
A welcome step1
Revenue deficit at 2.8% of GDP: FM
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