February 27, 2010 6:42 PM

printer

Some inflation possible due to tax proposals in budget: FM

Union Finance Minister Pranab Mukherjee on Saturday conceded that tax proposals in the budget may contain some inflationary ingredient but it will be a temporary phenomenon. <br/><br/>He was responding to the queries from industrialists in New Delhi. He said that food inflation is mainly due to demand supply constraints and it will ease with good Kharif output.<br/><br/>Replying a volley of questions he asserted this budget will prove a turning point for the development of economy and will pave the way for higher growth rate.

Most Read
View All arrow-right

No posts found.