Delhi: The government will disclose its budget for the 2018-19 fiscal years on this Thursday, Feb 1, 2018. India's economy is projected to post growth of 6.75 percent in the 2017-18 fiscal years ending in March after having Disturbance by the rollout of GST and the effects of demonetization (Note ban).

According to Times of India, we present the analysis of all sectors with their budget expectations.

REAL ESTATE

1) Establish single-window authorization for all real estate projects, especially in housing to stay away from execution and project delays.

2) Provide infrastructure status to real estate to aid bring down finance, project costs to make homes more affordable

3) Cut GST rate for projects under construction from present 12 per cent

4) Cut GST rate for home purchases to 12 per cent; stamp duty could also be reduced

OIL & GAS

1) Cut "cess" duty to 8-10 per cent from 20 per cent for oil and gas exploration and production

2) Establish more beneficial GST rates for natural gas

3) Cut or exempt city gas distribution companies from excise duty

4) Let off LNG imports from paying basic customs duty

5) Give subsidy relieve to downstream companies selling LPG, kerosene below market prices

METALS & MINING

1) Cut in basic customs duty on coking coal across grades

2) Reduce in export duty on iron ore above certain grade levels

GOLD

Reduce import tax on gold to 2-4 per cent from 10 per cent to put off smuggling.