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Budget Reactions

Poll promises kept in mind while presenting budgets: Goa CM

12.40 pm | 12 Feb 2016

The upcoming budget would be citizen friendly with more focus on employment creation.

Laxmikant Parsekar | CM Goa

Budget 2016: Need FM to provide incentive to undertake R&D, says Mindtree

10.33 pm | 11 Feb 2016

I would anticipate the Budget to provide credit as well as incentives to do R&D so we can sustain our leadership position

Krishnakumar Natarajan | CEO & MD Mindtree

Budget 2016: Renewable Energy Min seeks Rs 10k cr for higher capacity

4.56 pm | 11 Feb 2016

This time, we have sought an increased budget allocation of over Rs 10,000 crore for the Ministry of New and Renewable Energy


Hoping Budget will streamline taxes on cars: Motherson Sumi

1.01 pm | 11 Feb 2016

I would definitely want the excise duty and a little more streamlining of the taxes on cars & getting out of this length of the car.

Vivek Chaand Sehgal | Chairman Samvardhana Motherson Group

India in a bear market; time to protect capital: Enam's Sivaram

5.38 pm | 10 Feb 2016

The Budget may not be that great. But, my fear is there are hints that long term capital gains may come back in some form. That would be disastrous for the market

Sridhar Sivaram | Investment Director Enam Holdings

What YES Bank MD Rana Kapoor expects from the FM in Budget 2016

4.51 pm | 10 Feb 2016

It is mission critical to ensure significant investment pick up in 2016, by prioritizing project clearances and providing targeted measures to revive farm and infrastructure sectors.

Rana Kapoor | Founder & CEO Yes Bank

Expect removal of REIT tax anomalies in Budget: Xander Group

10.18 pm | 09 Feb 2016

The challenge with REITs in India at the moment is that legislation, especially taxation, needs to be thought through a little more

Sid Yog | Founder Xander Group

Focus on individual stocks; Budget to be a non-event: Quantum

11.00 am | 09 Feb 2016

The Union Budget 2016 is likely to be a non-event -- just another statement for the galleries.

Sanjay Dutt | Director Quantum Securities

Commerce Ministry wants sunset clause for SEZs to go

8.12 pm | 08 Feb 2016

The Commerce Ministry, in its Budget recommendations, has suggested that the sunset clause should not be invoked for SEZs


Budget 2016: IT sector's expectations from FM Arun Jaitley

6.24 pm | 08 Feb 2016

From a service tax standpoint, a key area of concern is the delay in assessment and processing of service tax refunds

Ravi Mahajan | Tax Partner (Education Practice) EY

Budget 2016: To favour growth or meet fiscal deficit targets, FM puzzled

3.33 pm | 06 Feb 2016

The Indian economy is currently being viewed at the beacon of stability because of the steady disinflation, modest current account deficit and commitment to fiscal rectitude

Raghuram Rajan | Governor RBI

Budget 2016: Tax easing to bring cheers to FMCG sector, says EY

3.29 pm | 05 Feb 2016

The sector would eagerly look forward to having a more inclusive and less restrictive Cenvat credit rules which would help plug the leakage of tax credits.


Shipping Min seeks more budgetary allocation to push waterways

9.57 pm | 04 Feb 2016

Waterways will be a game changer for Indian economy ... Unfortunately it has been on ignored despite huge importance

Nitin Gadkari | Union Transport Minister GoI

Budget 2016: Expectations from power sector

4.12 pm | 04 Feb 2016

The government could consider granting infrastructure status to investments in the T&D sector to promote participation in the sector.


Budget Expectations: Mining and metals sector

3.27 pm | 04 Feb 2016

Budget 2016 is anticipated to bring structural reforms to stimulate the economy and it is hoped that the sector remains high on priority for the government.


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