Some tax proposals under examination- FM

Finance Minister Pranab Mukherjee today appeared to hint at a review of some tax proposals including those on hospitals while he announced extension of interest subsidy to fishermen and fish farmers and concessions for education and healthcare sectors.
Replying to the general discussion in the Lok Sabha on the Budget for 2011-12, he also announced a Rs 2,370-crore bonanza for MPs by raising allocations under MPLAD scheme from Rs 2 crore to Rs 5 crore.

“Since the presentation of the budget 2011-12, I have received several suggestions and representations, including valuable feedback from members on taxataion proposals.

“These are under examination. I shall respond to these issues in my reply to the discussion on the Finance Bill, 2011 later during this session,” Mukherjee said in his hour-long reply to the two-day debate on budget.

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