Associate Sponsor :
Additional excise duty will widen the gap between unorganized industry
The problem of stressed assets has been growing over the years as banks kept on giving money to 'bad corporate'
Kiran Mazumdar Shaw
The Modi government was voted in on the back of aspirational urban middle class, I am not so sure whether they are as euphoric about this Budget
Managing Partner |
The mechanism of putting cesses in place is disappointing and undesirable. It complicates the tax system.
Religare Invesco Mutual Fund
The two clear positives from the Budget was the government sticking to fiscal deficit target and not tinkering with the long-term capital gain tax.
Minister of State for Finance |
If gross domestic product (GDP) has been 7.6 percent; it is because the urban economy is doing well. So, we need to make sure the rural economy does well also.
The Budget signalled stability in the tax regime
The plans laid out by the Finance Minister in the Union Budget for 2016-17 are ambitious but the actual implementation may be difficult and will be keenly watched
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