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Fiscal Deficit Budget 2010

3.2% fiscal deficit target realistic; revenues to improve: Das 

Feb 08, 2017 at 15:00 | Source:PTI

"Revenue if at all can exceed because people are pointing out that you have not taken into account windfall you will get from RBI because of demonetisation," he told PTI in an interview.

This is how Tally CFO decodes Budget 2017 

Feb 07, 2017 at 21:48 | Source:Moneycontrol.com

The best thing Mr. Jaitley has done is he has not tinkered too much, especially with indirect taxes and has gone with the flow which have made the markets buoyant. Overall, the economy is going in the right direction with a fiscal deficit of 3.2%.

Arun Jaitley to address RBI, Sebi boards on February 11 

Feb 07, 2017 at 15:12 | Source:PTI

The customary post-Budget address of the Finance Minister before the boards of the two regulators comes against the backdrop of the government pegging fiscal deficit at 3.2 percent of GDP for the financial year ending March 2018.

Union Budget 2017-2018 Review: Yes Securities 

Feb 03, 2017 at 12:22 | Source:Moneycontrol.com

Government projects fiscal deficit target of 3.2%, in line with market consensus. FY18 Revenue deficit pegged at 1.9%, below FRBM mandated level of 2.0%. Focus of the Budget on Investment and Consumption revival

Union Budget 2017-2018 Review: Maximus Securities 

Feb 03, 2017 at 12:22 | Source:Moneycontrol.com

GDP for Budget Estimate (BE) 2017-2018 has been projected at Rs 1,68,47,455 cr assuming 11.75% growth over the Revised Estimates (RE) of 2016-2017 (Rs 1,50,75,429 crore). Fiscal deficit for 2017-18 is targeted at 3.2% of GDP and the government remains committed to achieve 3% in the following year

Union Budget 2017-2018 Review: ICRA 

Feb 03, 2017 at 12:22 | Source:Moneycontrol.com

In its BE for FY2017, the GoI had pegged its fiscal deficit at Rs. 5.3 lakh crore (3.5% of GDP; based on the assumption that nominal GDP for FY2017 would be Rs. 150.7 lakh crore).

Union Budget 2017-18: 'Affordable housing positive for developers & banks' 

Feb 03, 2017 at 08:22 | Source:Moneycontrol.com

Affordable housing being given Infrastructure status is a welcome move and will help in the Housing to all by 2022 mission it is a big and positive move for developers, banks and housing finance companies.

Budget 2017 to boost consumer demand in B2B & B2C market 

Feb 02, 2017 at 15:48 | Source:Moneycontrol.com

The Budget has a positive tone and is in the right direction. The focus on the infrastructure and manufacturing sector will benefit lubricant manufacturers, since we expect this to boost consumer demand in the B2B and B2C market segments.

Budget 2017 may encourage fresh inflows in debt: Avnish Jain 

Feb 02, 2017 at 15:16 | Source:Moneycontrol.com

The Union Budget has undertaken a fine balance between fiscal prudence and spending by slightly increasing the fiscal deficit target to 3.2 percent of GDP for FY18.

Budget sent positive signals to investors: Experts 

Feb 02, 2017 at 15:16 | Source:PTI

Along with experts interpreting the budget, Girija Pande, chairman of the Singapore-based Apex Avalon Consulting Pte Ltd, also applauded the decision to abolish Foreign Investment Promotion Board (FIPB), saying it had "long outlived its utility and was a hurdle to large foreign investments into India".

Budget 2017 is optimistic and realistic: Raghupati Singhania 

Feb 02, 2017 at 15:14 | Source:Moneycontrol.com

From a macro point of view, the Budget presented by the Finance Minister is a growth-oriented one with special focus on rural, agriculture and infra sectors.

Union Budget 2017-18: Revival of real estate needs continued support, says Emaar India 

Feb 02, 2017 at 15:01 | Source:Moneycontrol.com

The Budget presented today focusses on ramping up spending on infrastructure, provides the necessary impetus to Housing for All program and continues the structural reforms initiated couple of years ago.

Proposed political funding reforms 'inconsequential': ADR 

Feb 02, 2017 at 14:54 | Source:PTI

Association for Democratic Reforms (ADR) keeps a close tab on elections as well as related topics, including on finances of political parties.

Union Budget 2017-18: Big infrastructure push a major takeaway, says Arun Lakhani 

Feb 02, 2017 at 14:51 | Source:Moneycontrol.com

A big infrastructure push along with a substantial hike in provisions for the National Highways in the Union Budget for 2017-18 is a major takeaway and I congratulate the Finance Minister for the growth oriented approach.

Budget aims at fiscal improvement; debt a rating constrain: S&P 

Feb 02, 2017 at 14:42 | Source:PTI

Finance Minister Arun Jaitley presented the Budget for next fiscal in Parliament yesterday in which he planned to cut fiscal deficit to 3.2 percent and 3 percent of GDP for next financial year and 2018-19 respectively. The deficit in the current fiscal is estimated to be 3.5 percent of GDP.

Political parties must file ITR by Dec or lose exemption: Govt 

Feb 02, 2017 at 13:30 | Source:PTI

It is also changing the law to keep the identity of the donor confidential who buys the just-introduced electoral bonds from banks to make such donations.

50-75% cut in bank lending rates likely by September: BofA-ML 

Feb 02, 2017 at 13:14 | Source:PTI

Finance Minister Arun Jaitley has cut the fiscal deficit target to 3.2 percent of GDP for 2017-18 - lower than the 3.5 percent target for 2016-17.

Union Budget 2017-2018 Review: Prabhudas Lilladher 

Feb 02, 2017 at 12:53 | Source:Moneycontrol.com

Despite the demons of demonetisation resulting in reduced consumption and consequently slowdown in the economy, the fiscal deficit was maintained below the targeted level for FY17 at 3.2% and has targeted to maintain at 3.2% for FY18 and at 3.0% in FY19.

Union Budget 2017-2018 Review: Aditya Birla Money 

Feb 02, 2017 at 12:50 | Source:Moneycontrol.com

Budget took a small pause on fiscal consolidation by targeting fiscal deficit @ 3.2% for FY18, 20bps higher than planned in the governments medium term fiscal consolidation program. The lower reduction in fiscal deficit is to stimulate demand in a weak economic environment post demonetisation a step in right direction.

Union Budget 2017-2018 Review: Motilal Oswal 

Feb 02, 2017 at 12:45 | Source:Moneycontrol.com

The government pegs FY18 fiscal deficit target at 3.2% of GDP, lower than 3.5% for FY17, but slightly higher than the self-committed target of 3% of GDP. Since primary deficit and debt-to-GDP ratio are likely to narrow next year, we do not find a breach in the deficit target concerning.

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