Finance Minister P. Chidambaram is likely to announce some
sops in the interim budget for fiscal 2014-15 to be presented in parliament
Monday.
Chidambaram is also scheduled to present a vote-on-account
to seek parliamentary approval for the government's spending till July.
Traditionally no major policy announcements are made in the
interim budget. However, Chidambaram may announce some sops apparently to
please voters, keeping in mind the forthcoming general election.
"We cannot propose amendments to the Income Tax Act,
Customs Act or the Excise Act. But any proposal short of amending a law can be
made," the finance minister had said recently.
Chidambaram is also likely to highlight the Congress party-led
United Progressive Alliance government's achievements and outline the vision
for the future.
