LETTER TO THE EDITOR

Letters to the editor : Accelerate investment

The Financial Express
Posted: Thursday, Jul 02, 2009 at 2054 hrs IST
Updated: Thursday, Jul 02, 2009 at 2054 hrs IST

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: In the upcoming Budget, the government should take further steps to accelerate investment. In recent times, it has announced many stimulus packages to maintain growth, and now it is up to the citizens to take part in growth. However, support from the government is necessary. Indians have always invested money in schemes like life insurance and mutual funds. However, they act more as a source of deduction from income tax. The government can attract people to put more money in various schemes by increasing the IT deduction limit.

Ayush Jhunjhunwala Kolkata

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