Key highlights of important meeting between the FM and Prime Minister Modi

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Key highlights of important meeting between the FM and Prime Minister Modi

Prime minister agrees that there is a strong need for the growth revival and the government will go to any extend to get the economy  back on track .
Government strongly believes that a vibrant capital market is a must to achieve its divestment target .
The proposed surcharge on the FPIs to be reversed .
 Long term capital gain tax to be enhanced to 3 years .
slowdown in the auto sector is eminent .
Government worried about the job losses .
 GST rate to be slashed to 18% across all auto segments .
 A one time stimulus package for the real estate developers is being worked up on .
Prime minister has asked the finance ministry to roll out these measures by the weekend .

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