Union Budget 2015-16 Suggestion : Infra funds, zero MAT to boost sector returns

Removal of Minimum Alternate Tax from infrastructure projects is key to improving returns on infrastructure projects, says brokerage house Morgan Stanley in its Budget expectations report.

It has suggested setting up of more infrastructure funds to ease the problem of inadequate capital that is choking infrastructure companies. It has also suggested removal or reduction in the inverted duty structure in some capital goods sector.

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