if i was the FM i would abolish all the import duties on imported medical equipments and implement a gold transaction tax of 35% and hike customs duty of gold to 70% and local tax for gold to 30%. in this way we can reduce trade deficits and import more oil and keep inflation in check.increase capital gains tax by 2%. then i would allow the rupee to be convertible on capital account which is also a best way to curb speculative capital inflows and reduce an asset buuble
