Small Business Loans: Biz2Credit.in » steel and cement sectors http://blog.biz2credit.in Small business advice for financing, marketing and growing a company Wed, 23 May 2012 08:44:57 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 Economic growth hoped to be reach 7 percent for fiscal’09 http://blog.biz2credit.in/2009/03/03/economic-growth-hoped-to-be-reach-7-percent-for-fiscal-%e2%80%9809/ http://blog.biz2credit.in/2009/03/03/economic-growth-hoped-to-be-reach-7-percent-for-fiscal-%e2%80%9809/#comments Tue, 03 Mar 2009 13:30:02 +0000 Biz2Credit Advisor http://www.biz2credit.in/blog/?p=529 An increase in disposable income and a rise in the steel and cement sectors have raised the hopes of officials to achieve a 7 percent growth rate in the current fiscal year. Definite figures will be projected once the impact of the stimulus packages take shape.

The stimulus packages include reduction in service tax and excise duty by two percent each. Also, the package extends the 4 percent rate reduction beyond the current fiscal to counterbalance the current economic slowdown.

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