Budget News

  • Budget 2017: Which things got cheaper or costlier  

    Budget 2017: Which things got cheaper or costlier

    02 Feb 2017, 4.45 pm  |  Source: Moneycontrol.com

  • Budget impact: Govt calls for skills push, but industry says not enough

    Budget impact: Govt calls for skills push, but industry says not enough  

    Industry players said that much more needs to be done to revive skill development.

    02 Feb 2017, 4.43 pm  |  Source: Moneycontrol.com

  • Budget 2017: Economy needs a booster dose, says Dun & Bradstreet

    Budget 2017: Economy needs a booster dose, says Dun & Bradstreet  

    Demonetization has caused significant short-term disruption and there is a need to provide a healing touch as well as to demonstrate the path for long-term gain.

    02 Feb 2017, 4.04 pm  |  Source: Moneycontrol.com

  • Budget sent positive signals to investors: Experts

    Budget sent positive signals to investors: Experts  

    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 outliv...

    02 Feb 2017, 3.57 pm  |  Source: PTI

  • Budget 2017: Balanced deal for private equity funds

    Budget 2017: Balanced deal for private equity funds  

    It has been clarified that the clarification provided in Budget 2016 on benefit of concessional rate of 10% on transfer of shares of a private company (being long term capital asset) shall apply from 1st April, 2013.

    02 Feb 2017, 3.57 pm  |  Source: Moneycontrol.com

  • What Indian VCs feel about Union Budget 2017

    What Indian VCs feel about Union Budget 2017  

    While the Budget 2017 did not bring any big bang announcements for VCs and angels, investors feel that a push to digital transactions will help financial tech startups in the long term. Some feel that simplification of compliance,...

    02 Feb 2017, 3.53 pm  |  Source: Moneycontrol.com

  • Budget 2017 to boost consumer demand in B2B & B2C market

    Budget 2017 to boost consumer demand in B2B & B2C market  

    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 s...

    02 Feb 2017, 3.49 pm  |  Source: Moneycontrol.com

  • Budget 2017: Government has done a bare minimum for the IT sector

    Budget 2017: Government has done a bare minimum for the IT sector  

    The intention of the government seems clear to slowly and steadily develop an entire back end eco system in India for manufacture of mobile phones.

    02 Feb 2017, 3.25 pm  |  Source: Moneycontrol.com

  • Budget 2017: MAT provisions being aligned with Ind AS requirements

    Budget 2017: MAT provisions being aligned with Ind AS requirements  

    Considering that Ind AS requires significant use of fair values, this would mean that several potentially large items of gains and losses that are recognized in the P&L would now be considered for MAT calculations.

    02 Feb 2017, 3.20 pm  |  Source: Moneycontrol.com

  • Budget 2017 may encourage fresh inflows in debt: Avnish Jain

    Budget 2017 may encourage fresh inflows in debt: Avnish Jain  

    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.

    02 Feb 2017, 3.17 pm  |  Source: Moneycontrol.com

  • Budget 2017 is optimistic and realistic: Raghupati Singhania

    Budget 2017 is optimistic and realistic: Raghupati Singhania  

    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.

    02 Feb 2017, 3.14 pm  |  Source: Moneycontrol.com

  • Budget 2017: Lack of impetus disappoints pharma industry

    Budget 2017: Lack of impetus disappoints pharma industry  

    The pharmaceutical industry was expecting some fiscal incentives to make it stay competitive at a time when it’s facing pricing pressures both within India and abroad.

    02 Feb 2017, 3.04 pm  |  Source: Moneycontrol.com

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

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

    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.

    02 Feb 2017, 3.01 pm  |  Source: Moneycontrol.com

  • Budget 2017 has the potential to change the face of Bharat

    Budget 2017 has the potential to change the face of Bharat  

    With large allocations for agriculture, rural road infrastructure, skill development and electrification schemes, this Budget has the potential to change the face of ‘Bharat’ – the India beyond our cities, say Pawan Munjal, ...

    02 Feb 2017, 2.56 pm  |  Source: Moneycontrol.com

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

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

    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.

    02 Feb 2017, 2.51 pm  |  Source: Moneycontrol.com

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

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

    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...

    02 Feb 2017, 2.49 pm  |  Source: PTI

  • Union Budget 2017-18: Govt bets on wider tax base for its spending push, says Expert

    Union Budget 2017-18: Govt bets on wider tax base for its spending push, says Expert   

    The government is giving a push to spending but from where will the funds come from, wonders R Shankar Raman of L&T. He also said, the government is betting big on wider tax base as one of the funding mechanisms.

    02 Feb 2017, 2.35 pm  |  Source: CNBC-TV18

  • Budget 2017: Indian mkt looks interesting; RBI rate cut likely, says UBS

    Budget 2017: Indian mkt looks interesting; RBI rate cut likely, says UBS   

    In an interview with CNBC-TV18, Geoffrey Dennis said that the Nifty was fairly valued at about 16.5 times next year earnings but added that if the demonetisation-induced slowdown eases and India goes back to 8 percent growth next ...

    02 Feb 2017, 2.32 pm  |  Source: CNBC-TV18

  • Budget 2017: Modi-Jaitley star as Sherlock-Watson as newspapers react

    Budget 2017: Modi-Jaitley star as Sherlock-Watson as newspapers react  

    A round-up of front pages from across the country.

    02 Feb 2017, 2.19 pm  |  Source: Moneycontrol.com

  • `Govt strikes balance between fiscal prudence, growth boost`

    'Govt strikes balance between fiscal prudence, growth boost'  

    According to the global financial services major, fiscal consolidation in 2017-18 is mainly driven by a reduction in expenditure, particularly current spending.

    02 Feb 2017, 2.08 pm  |  Source: PTI

  • Union Budget 2017-2018 Review: Way2Wealth

    Union Budget 2017-2018 Review: Way2Wealth  

    To create a strong foundation for the nations sustainable growth through job creation, empowering the weaker sections of society, encouraging a healthy investment climate and providing necessary framework to enable foreign invest,...

    02 Feb 2017, 1.56 pm  |  Source: Moneycontrol.com

  • Union Budget 2017-18: Reinforces government`s commitment towards digital India

    Union Budget 2017-18: Reinforces government's commitment towards digital India  

    A reduced withholding tax rate on fees for professional or technical services received by call centre businesses to 2% as against earlier rate of 10% would mean cash flow relief for companies in the call centre business in India.

    02 Feb 2017, 1.56 pm  |  Source: Moneycontrol.com

  • Union Budget 2017-18: A merged oil giant could be disastrous sans operational freedom

    Union Budget 2017-18: A merged oil giant could be disastrous sans operational freedom  

    State oil firms ran up around 2.5 percent on Finance Minister Arun Jaitley’s Budget proposal to merge them to create an oil behemoth. The move, which is on the lines of forming more autonomous corporations like Shell, British Pe...

    02 Feb 2017, 1.56 pm  |  Source: Moneycontrol.com

  • Union Budget 2017-2018 Review: LKP Research

    Union Budget 2017-2018 Review: LKP Research  

    Union Budget presented today may not have pleased many but in our view it was strong on fiscal prudence, rural development, affordable housing thereby providing the much needed impetus for capital expenditure.

    02 Feb 2017, 1.55 pm  |  Source: Moneycontrol.com

  • Union Budget 2017-2018 Review: AUM Capital

    Union Budget 2017-2018 Review: AUM Capital  

    “Sab ka Saath Sab Ka Vikas” was the undercurrent of Budget 2017 -18 that reflected government’s firm commitment to substantially boost investment in Agriculture, Social Sector, Infrastructure and Employment Generation at one...

    02 Feb 2017, 1.53 pm  |  Source: Moneycontrol.com

  • Union Budget 2017-2018 Review: ICICI Direct

    Union Budget 2017-2018 Review: ICICI Direct  

    Union Budget 2017-18 is realistic, high on substance and has positively surprised the markets by defying expectations of populism amid demonetisation and impending state elections.

    02 Feb 2017, 1.51 pm  |  Source: Moneycontrol.com

  • Budget 2017: Relief for employees as part withdrawals from NPS now tax-free

    Budget 2017: Relief for employees as part withdrawals from NPS now tax-free  

    The amendment brings about parity in tax treatment between salaried and non-salaried self-employed persons.

    02 Feb 2017, 1.20 pm  |  Source: Moneycontrol.com

  • Budget 2017: Jaitley spins a googly with electoral bonds; know all about it

    Budget 2017: Jaitley spins a googly with electoral bonds; know all about it  

    A bond is a debt security, similar to an IOU. Borrowers issue bonds to raise money from investors willing to lend them money for a certain amount of time. When you buy a bond, you are lending to the issuer, which may be a governme...

    02 Feb 2017, 1.18 pm  |  Source: NEWS18.com

  • Union Budget 2017-2018 Review: Prabhudas Lilladher

    Union Budget 2017-2018 Review: Prabhudas Lilladher  

    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 F...

    02 Feb 2017, 12.56 pm  |  Source: Moneycontrol.com

  • Union Budget 2017-2018 Review: Aditya Birla Money

    Union Budget 2017-2018 Review: Aditya Birla Money  

    Budget took a small pause on fiscal consolidation by targeting fiscal deficit @ 3.2% for FY18, 20bps higher than planned in the government’s medium term fiscal consolidation program. The lower reduction in fiscal deficit is to s...

    02 Feb 2017, 12.56 pm  |  Source: Moneycontrol.com

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