The Indian Budget: Impact on Services
Indian GDP grew from 5% in 2013 to 5.4% in 2014 in direct response to last year’s budget ruling. The government’s 2015 budget hopes to maintain this growth. Disappointment with the new budget emerged primarily from the service industries where service taxes increased to 14%. This podcast discusses the impact the budget will have on these industries including foodservice, entertainment and beauty services. Listen for complete insights.