Union Budget 2010 Highlights

Budget 2013: Navigating growth amidst challenges: PwC 

Mar 05, 2013 at 12:57 | Source:Moneycontrol.com

While presenting the tax proposals in the Budget 2013-14, the Finance Minister set the context by stating that the underlying theme of his proposals is to bring clarity in tax laws, stability in tax regime, provide a non-adversarial tax administration and a fair dispute resolution mechanism.

Budget Reactions: Hail increase in defence allocation says Zicom Electronic 

Mar 02, 2013 at 18:20 | Source:Moneycontrol.com

It is not a flamboyant or even a populist Budget, as many would have expected, for the simple reason that early next year the country goes for the General Elections and Finance Minister P. Chidambarams chief concern seemed to be reducing fiscal deficit than curbing inflation.

Budget Reactions: Measures for expanding financial markets welcome: Kochchar 

Mar 02, 2013 at 17:09 | Source:Moneycontrol.com

Measures for further expanding and deepening financial markets and facilitating foreign participation have also been announced. The budget is one part of overall economic policymaking and the budget presented today is a certainly a step forward in the series of initiatives announced by the government in recent months.

Budget to put economy on high growth: SIDBI 

Mar 02, 2013 at 17:05 | Source:Moneycontrol.com

The Union Budget 2013-14 embodies strong features of promoting investment and putting the economy on the high growth path leading to inclusive and sustainable development.

Budget Reactions: Cut in STT likely to boost sentiments: Bharti Axa Life 

Mar 02, 2013 at 17:01 | Source:Moneycontrol.com

This years budget is a workman-like balancing act and the government has done a decent job given the challenges in the economy. On the positive side we are happy to see the delivery on the fiscal promise-estimate at 5.2% FY13 & 4.8% FY14 but lack of further visibility on policy initiatives for the coming months is a disappointment.

Budget Reactions: Overall a practical Budget, says India Infoline 

Mar 02, 2013 at 15:40 | Source:Moneycontrol.com

Given the fact that elections are just round the corner and the grim macro-economic scenario, the Finance Minister has done a fairly commendable job. He has resisted the temptation to announce a populist budget.

Budget Reactions: IndiaNivesh Sec feels this is not a mkt friendly Budget 

Mar 02, 2013 at 14:39 | Source:Moneycontrol.com

This is not a market friendly budget as there is nothing good in this year budget provision; Also nothing has been done on revival of capex cycle which is a major road block for economy growth.

Budget lacks grand plan to put economy back on track: HDFC 

Mar 02, 2013 at 14:04 | Source:Moneycontrol.com

FM's effort to fit everything somewhat scrappily into an omnibus policy has resulted in the lack of a cohesive grand plan to put the economy back on track.

Budget 2013 along expected lines, says JSPL 

Mar 02, 2013 at 13:48 | Source:Moneycontrol.com

The Union Budget 2013-14 is along predictable lines and is in sync with the Governments mantra to achieve growth leading to inclusive and sustainable development.

Budget Reactions: Permission to open branches will aid penetration: HDFC ERGO 

Mar 01, 2013 at 19:13 | Source:Moneycontrol.com

Insurance companies are now empowered to open branches in tier II cities without prior IRDA approval which is a good move and would facilitate penetration without much lag, except that there needs to be more clarity on the definition of Tier II markets.

Budget Reactions: Housing focus to boost construction: Bhartiya International 

Mar 01, 2013 at 19:00 | Source:Moneycontrol.com

The Union Budget 2013-14 presented today is a very realistic and balanced budget.

Budget Reactions: Budget tax stability to cheer investor-mood: Khaitan & Co 

Mar 01, 2013 at 18:53 | Source:Moneycontrol.com

Overall, the theme of the budget is directed towards growth momentum of the Indian economy as a long term measure and also providing stability and certainty of tax laws to boost investors confidence in India as investment destination.

Budget Reactions: Apparel excise-cut Budget's only bright spot: Shoppers Stop 

Mar 01, 2013 at 18:47 | Source:Moneycontrol.com

The Union Budget, which has been built on the pedestals of Inclusive Growth covering Education, Skill development, Jobs and Income, has good intent and stable measures.

Budget Reactions: Budget focus on RGESS to boost retail investment: Deloitte 

Mar 01, 2013 at 18:34 | Source:Moneycontrol.com

While we will wait to see the fine print, the budget proposed increased rural spend that should further increase the rural demand for Consumer Business (CB) companies.

Budget Reactions: Budget focus on RGESS to boost retail investment: ICRA 

Mar 01, 2013 at 18:22 | Source:Moneycontrol.com

The proposal to increase income limit, avenues and time frame for retail investors under the RGESS is expected to invite a higher degree of retail participation in the Indian capital markets over the medium term.

Budget Reactions: Investment-positive despite no telecom focus: Tata Comm 

Mar 01, 2013 at 18:15 | Source:Moneycontrol.com

Union Budget 2013-14 did not have much focus on the Telecom sector in particular but the overall budget will be good for investments. There has been a meaningful increase in planned expenditure to the tune of 30%.

Budget Reactions: Aggregation of farm produce incentives positive: NCML 

Mar 01, 2013 at 18:08 | Source:Moneycontrol.com

The expectation that the Finance Minister would give the right signals to investors in the agriculture, warehousing and cold chain infrastructure space through an integrated package of measures to be announced in the Budget has been largely belied.

Budget Reactions: Hike in health allocation not enough: Metropolis Healthcare 

Mar 01, 2013 at 17:53 | Source:Moneycontrol.com

Although the increase in allocation for healthcare is a positive move, but is certainly not enough.

Union Budget 2013 - 14: Consolidation Focus, no populism positive: Angel Broking 

Mar 01, 2013 at 17:53 | Source:Moneycontrol.com

Angel Broking has come out with its report on "Union Budget 2013-14 Review"

Union Budget 2013 - 14: IIFL: FM's math worked; will the Economy follow suit? 

Mar 01, 2013 at 17:52 | Source:Moneycontrol.com

the Finance Minister has confined the fiscal deficit to 5.2 per cent in FY13 and as expected, this arithmetic achievement is in line with his topmost agenda of averting a country rating downgrade: IIFL

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