English
- Hindi
- Gujarati

App

Moneycontrol App

Subscription

Specials

Select Language

English
हिंदी
गुजराती

Specials

Budget 2018-19 Reactions

Select

ALL
Business

Markets

People

Policy

SME

Reactions

Gagan Banga
VC & MD

Expect government to continue with its thrust on affordable housing and in that regards give more tax breaks.

Share
JP Chowdhary
Chairman

Expect an announcement in terms of Gold Board because there is no ministry representing the gold and jewellery sector

Share
Adrian Mowat
Chief Asian & Emerging Market Strategist

The Budget could tell us about the political timing as opposed to give us guidance on which sectors to be overweight or underweight on.

Share
Hasmukh Adhia
Secretary, Financial Services

With regards to LTCG tax, there is no reason to exclude a large chunk of income earned by people of about Rs 3.67 lakh crore in the last year out of the tax net.

Share
Gagan Banga
VC & MD

Expect government to continue with its thrust on affordable housing and in that regards give more tax breaks.

Share
JP Chowdhary
Chairman

Expect an announcement in terms of Gold Board because there is no ministry representing the gold and jewellery sector

Share
Manishi Raychaudhuri
MD, Asian Equity Strategist, HoR

If long-term capital gain tax is imposed it would hurt sentiment of all market participants.

Share
Ajay Srivastava
CEO

The entire amount of gains that we all have made in the last Bull Run is all safeguarded with zero tax, it has been a great relief to that extent.

Share
Ramesh Damani
Member

There are a couple of bad news in this for retail investors and domestic investors. STT has not been removed and introduced long-term capital gains.

Share
Gagan Banga
VC & MD

Expect government to continue with its thrust on affordable housing and in that regards give more tax breaks.

Share
Abheek Barua
Chief Economist

Would look for distribution of capital expenditures more towards growth as opposed to subsidies.

Share
Gautam Chhaochharia
Head - India Research

If the Budget is populist along with high fiscal deficit expansion then it is worrisome but if the social schemes announced are within the contours of fiscal deficit then it may not be so worrisome

Share
Vallabh Bhanshali
Chairman

The market doesn\'t seem to suggest that it is disappointed at all. It took some time to understand but when you are getting grandfathering mechanism at the highest market ever been what is there to complaint. After the data that came out, the 3.67 l

Share
Suresh Prabhu
Commerce Minister

Expected rise in export is about 15%. We have been seeing a gradual increase in exports. Economic Survey talked about export as a possible engine of growth and that is what we are working on.

Share
Suresh Kris
Vice President

Would like to see continuation of growth momentum and the government manage finances carefully. Would expect some sort of tax easing.

Share
Abheek Barua
Chief Economist

Would look for distribution of capital expenditures more towards growth as opposed to subsidies.

Share
Gautam Chhaochharia
Head - India Research

If the Budget is populist along with high fiscal deficit expansion then it is worrisome but if the social schemes announced are within the contours of fiscal deficit then it may not be so worrisome

Share
Udayan Mukherjee
Consulting Editor

One must not take today�s reaction at face value since it is too wishful to think that a LTCG tax plus fiscal slippage has been met with green on the Sensex on Budget day, tomorrow�s reaction key.

Share
Vallabh Bhansali
Chairman

The market doesn\'t seem to suggest that it is disappointed at all. It took some time to understand but when you are getting grandfathering mechanism at the highest market ever been what is there to complain.

Share
Ganesh Ayyar
CEO

Would like to see continued commitment to improved infrastructure and take more steps forward to unify regions.

Share
Sajjid Z Chinoy
Economist (Asia)

2017 was a year of valour � big reforms like GST, Bankruptcy Law, & Bank recapitalisation. So 2018 should be year of consolidation and the Budget has to send that signal that we have to consolidate the gains made last year.

Share
Neelkanth Mishra
Head of Equity Strategy India

Budget is likely to be a non-event as it has been in the past. It is just an arithmetic exercise.

Share
Nirmal Jain
Chairman

Long-term capital gain (LTCG) tax will be taken in stride and will not have much impact.

Share
Nirmal Jain
Chairman

Long-term capital gain (LTCG) tax will be taken in stride and will not have much impact.

Share
Suneeta Reddy
Joint MD

The macro picture is fast deteriorating � at least it is not as attractive as it was back in the year 2016-2017. Do you think the hope-based rally could push the index towards record highs?

Share
Sajjid Z Chinoy
Economist (Asia)

2017 was a year of valour � big reforms like GST, Bankruptcy Law, & Bank recapitalisation. So 2018 should be year of consolidation and the Budget has to send that signal that we have to consolidate the gains made last year.

Share
Bimal Jalan
Bureaucrat

Maintaining fiscal stability, balancing both fiscal and economic growth key

Share
Deepak Parekh
Chairman

I think what he has done, he had to do particularly everyone expected and it was known that emphasis will be on the rural economy, on the farmers, health, education and infrastructure and he has taken a lot of pain and time to explain what all has be

Share
Deepak Parekh
Chairman

What he has done, he had to do. Particularly everyone expected & it was known that emphasis will be on the rural economy, farmers, health, education & infrastructure & he has taken a lot of pain & time to explain what all has been done.

Share
Ridham Desai
MD & Head of India Research

With the economy on a recovery path, any acceleration on spending will give a further boost. So, market is bound to focus on what the government expenditure will be for FY18.

Share

1 2

Desktop Version »

Follow us on

Available On

PCI DSS Compliant

Disclaimer | Terms & Conditions | Privacy Policy | Cookie Policy | FAQs | Sitemap | Feedback

Network 18 Sites: News18.com | Firstpost | CNBC TV18 | In.com | Cricketnext | Overdrive | Topper Learning

Copyright © e-Eighteen.com Ltd All rights resderved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol.com is prohibited.