Budget 2019

The measures announced will play a positive role in attracting more global investment, and much needed FDI boost for key sectors.

The announcement of a dedicated TV channel for start-ups, is a positive step towards identifying budding entrepreneurs to augment the nation\'s economic development. The fact that it will be designed and executed by start-up entrepreneurs themselves

The move to encourage higher participation of FIIs and FPIs in debt securities would provide the much-needed capital boost which would in turn, support real estate and automobile sectors that are currently suffering from dampened demand.

High disinvestment target of Rs 1.05 lakh crore and increase in public shareholding to squeeze liquidity from secondary market.

Continuous focus of government on infrastructure with the announcement of investing Rs 100 lakh crore over the next five years will boost the transport sector. According to us, the only dampener is the increase in diesel and petrol prices.

The Budget enhances the Government?s focus on Digital India and Startup India, newer technologies and higher education skills, which are key to achieving the growth ambitions of the country.

Its attention to rental housing through creation of a model law is a welcome move and we hope this will pave way for the development of an institutional rental market in the country.

In line with our expectations, the Debt Redemption Reserve (DRR) for public issues has been exempted. Also, the credit guarantee provided by the government will further open up the liquidity line for fundamentally sound NBFCs.

This is one of the opaque Budget speeches, you can?t make out what they are trying to do.

More PSU banks recapitalisation provided than expected

Minimum public shareholding threshold of 65% will give enormous capital gains tax.

Never thought there will be an attack on basic things like buyback, tax structure; it is an attack on the precepts of what capital markets work upon.

Reduction in promoter holding big negative for MNCs

Merging FPI and NRI limits and raising FPI limits in PSUs to sectoral limits could increase FPI investment in happening stocks

It is heartening to see the FM focusing on providing depth to the bond market and the move to allow FIIs and FPIs to invest in debt securities will provide the much needed impetus to make available long term finance for infrastructure development.

Additional liquidity measures from RBI will help NBFCs.

Congratulations FM Nirmala Sitharaman for delivering a Budget for New India. It perfectly encapsulates PM Narendra Modi\'s vision of New India and will lead to investment, growth and economic development leading to welfare of farmers, poor and middle

The budget continues its focus on infrastructure growth in areas of water, roads, affordable housing and railways and has provided for substantial spends in this space.

No mention of agriculture in the speech shows govt is not at all serious about improving conditions in rural sector. The FM did not mention various budgetary allocations in her speech, which has been part of past budget speeches for sake of clarity.

The Budget is a blueprint of resurgent India where the poor are empowered, youth become job creators, middle class gets full remuneration for work and start-ups get max opportunities to grow.

The correction in the Government of India\'s estimated tax revenue for FY2020 relative to the Interim Budget is entirely unsurprising, given the large shortfall in tax collections in FY2019.

The government has tried to strike a balance between fiscal consolidation and supporting growth.

The FM has announced a range of sops for real estate developers and homebuyers. These measures are expected to boost investor sentiments in the near future and will provide ample opportunities for the home buyers to invest.

The emphasis on priming the pump for investment are all welcome steps. - Arun Kumar, CEO of KPMG India

A partial dependence on external markets for government borrowings may help the government meet the borrowing targets but the dynamics of currency management and its impact on yield movements should not be ignored.

The steep increase in surcharge on personal tax front for income exceeding Rs 2 crores and Rs 5 crores will impact a small segment in number but having a significant influence on the economy.

The Budget is not only farmer and industry friendly it also addresses the concerns of youth, women, middle class, poor, and the common man. This Budget would expedite India?s forward march towards progress and prosperity.

The Budget presented by FM Nirmala Sitharaman is a futuristic one. It provides a coherent roadmap for sectors that will drive growth and innovation among our citizens. The emphasis on clean energy and cashless transactions are also steps in the right

Higher regulatory powers to RBI over NBFCs and return of regulation of HFCs back to RBI will definitely restore the confidence for well governed NBFCs.?f?f

Divestment target is achievable. NBFC and HFC issues have been addressed well for the long term.

Congratulations to PM Narendra Modi and FM Nirmala Sitharaman for the Budget. The budget besides being a policy document for boosting growth, serves the larger interest of all sectors of the Economy.

This budget will strengthen the poor and the youth will get a better tomorrow. It will strengthen the enterprise and increase the participation of women in the country. It has a roadmap to transform the agriculture sector of India.

Not buying any stocks despite budget projecting a big investment spend

Expect bond yields to soften post budget.

Budget should have provisions for on-tap banking licenses.

Capital market is looking for support from this budget; think government should consider tweaking the definition of LTCG tax.

Will not be surprised that there is increase in non-tax revenue; possibility of an inheritance tax is premature.

PSU banks need growth capital, not just resolution capital; importance of PSU bank reform is now more important than ever.

Hope we get a progressive budget which lays the groundwork for growth; need to improve governance in the banking sector.

Pushing for taxes in short period is not a good idea, need to improve tax administration.

Expect some critical decision on the NBFC sector and material reform in the PSU banking sector

Do not think the Budget has room for surprises on the positive side, not expecting any big bang announcement in this budget

Government needs to stimulate private investment; expect budget to focus on sops for MSMEs and middle class

Budget is going to be a daunting task for FM Nirmala Sitharaman; government has to strike a tight balance in this budget.

Improvement in payment cycle for contracting companies will help working capital

Labour reforms extremely important to support long-term growth; from investment standpoint, no structural reforms expected

Believe 7% GDP growth is an optimistic figure, GDP growth will most likely be in the range of 6.5-6.8%

Hope Budget focuses on healthcare and education

The government is expected to do a lot of things in this budget for housing finance, NBFCs, more investment, easing of regulatory access and subsidies.

A large part of the industry has been asking for rationalisation and some cuts in the GST rates for select pain points where growth has virtually come to a standstill.

Any levy of additional taxes or surcharge or reintroduction of wealth tax must be carefully evaluated in terms of applicability, rates and cost of compliance.

In the last few years the budget has not been a big driver for the equity markets and that is what we continue to expect at this point of time.

With respect to the gross domestic product (GDP), we expect a stimulus in the budget.

Additional tax sops in the form of an increase in the exemption limit for the premiums paid will be beneficial. It will help boost insurance penetration.

Hopefully, the new government will introduce the changes that will encourage more infrastructure spending and that will produce more jobs for people in the rural sector.

The announcement of a dedicated TV channel for start-ups, is a positive step towards identifying budding entrepreneurs to augment the nation\'s economic development. The fact that it will be designed and executed by start-up entrepreneurs themselves

The move to encourage higher participation of FIIs and FPIs in debt securities would provide the much-needed capital boost which would in turn, support real estate and automobile sectors that are currently suffering from dampened demand.

Continuous focus of government on infrastructure with the announcement of investing Rs 100 lakh crore over the next five years will boost the transport sector. According to us, the only dampener is the increase in diesel and petrol prices.

The Budget enhances the Government?s focus on Digital India and Startup India, newer technologies and higher education skills, which are key to achieving the growth ambitions of the country.

In line with our expectations, the Debt Redemption Reserve (DRR) for public issues has been exempted. Also, the credit guarantee provided by the government will further open up the liquidity line for fundamentally sound NBFCs.

More PSU banks recapitalisation provided than expected

Reduction in promoter holding big negative for MNCs

Additional liquidity measures from RBI will help NBFCs.

The budget continues its focus on infrastructure growth in areas of water, roads, affordable housing and railways and has provided for substantial spends in this space.

The FM has announced a range of sops for real estate developers and homebuyers. These measures are expected to boost investor sentiments in the near future and will provide ample opportunities for the home buyers to invest.

The emphasis on priming the pump for investment are all welcome steps. - Arun Kumar, CEO of KPMG India

The Budget presented by FM Nirmala Sitharaman is a futuristic one. It provides a coherent roadmap for sectors that will drive growth and innovation among our citizens. The emphasis on clean energy and cashless transactions are also steps in the right

Higher regulatory powers to RBI over NBFCs and return of regulation of HFCs back to RBI will definitely restore the confidence for well governed NBFCs.?f?f

Divestment target is achievable. NBFC and HFC issues have been addressed well for the long term.

Budget should have provisions for on-tap banking licenses.

PSU banks need growth capital, not just resolution capital; importance of PSU bank reform is now more important than ever.

Hope we get a progressive budget which lays the groundwork for growth; need to improve governance in the banking sector.

Expect some critical decision on the NBFC sector and material reform in the PSU banking sector

Do not think the Budget has room for surprises on the positive side, not expecting any big bang announcement in this budget

Budget is going to be a daunting task for FM Nirmala Sitharaman; government has to strike a tight balance in this budget.

Improvement in payment cycle for contracting companies will help working capital

Labour reforms extremely important to support long-term growth; from investment standpoint, no structural reforms expected

Hopefully, the new government will introduce the changes that will encourage more infrastructure spending and that will produce more jobs for people in the rural sector.

The measures announced will play a positive role in attracting more global investment, and much needed FDI boost for key sectors.

Minimum public shareholding threshold of 65% will give enormous capital gains tax.

Never thought there will be an attack on basic things like buyback, tax structure; it is an attack on the precepts of what capital markets work upon.

Merging FPI and NRI limits and raising FPI limits in PSUs to sectoral limits could increase FPI investment in happening stocks

It is heartening to see the FM focusing on providing depth to the bond market and the move to allow FIIs and FPIs to invest in debt securities will provide the much needed impetus to make available long term finance for infrastructure development.

A partial dependence on external markets for government borrowings may help the government meet the borrowing targets but the dynamics of currency management and its impact on yield movements should not be ignored.

Not buying any stocks despite budget projecting a big investment spend

Expect bond yields to soften post budget.

Capital market is looking for support from this budget; think government should consider tweaking the definition of LTCG tax.

In the last few years the budget has not been a big driver for the equity markets and that is what we continue to expect at this point of time.

Its attention to rental housing through creation of a model law is a welcome move and we hope this will pave way for the development of an institutional rental market in the country.

This is one of the opaque Budget speeches, you can?t make out what they are trying to do.

Congratulations FM Nirmala Sitharaman for delivering a Budget for New India. It perfectly encapsulates PM Narendra Modi\'s vision of New India and will lead to investment, growth and economic development leading to welfare of farmers, poor and middle

No mention of agriculture in the speech shows govt is not at all serious about improving conditions in rural sector. The FM did not mention various budgetary allocations in her speech, which has been part of past budget speeches for sake of clarity.

The Budget is a blueprint of resurgent India where the poor are empowered, youth become job creators, middle class gets full remuneration for work and start-ups get max opportunities to grow.

The Budget is not only farmer and industry friendly it also addresses the concerns of youth, women, middle class, poor, and the common man. This Budget would expedite India?s forward march towards progress and prosperity.

Congratulations to PM Narendra Modi and FM Nirmala Sitharaman for the Budget. The budget besides being a policy document for boosting growth, serves the larger interest of all sectors of the Economy.

This budget will strengthen the poor and the youth will get a better tomorrow. It will strengthen the enterprise and increase the participation of women in the country. It has a roadmap to transform the agriculture sector of India.

The government is expected to do a lot of things in this budget for housing finance, NBFCs, more investment, easing of regulatory access and subsidies.

Additional tax sops in the form of an increase in the exemption limit for the premiums paid will be beneficial. It will help boost insurance penetration.

High disinvestment target of Rs 1.05 lakh crore and increase in public shareholding to squeeze liquidity from secondary market.

The correction in the Government of India\'s estimated tax revenue for FY2020 relative to the Interim Budget is entirely unsurprising, given the large shortfall in tax collections in FY2019.

The government has tried to strike a balance between fiscal consolidation and supporting growth.

The steep increase in surcharge on personal tax front for income exceeding Rs 2 crores and Rs 5 crores will impact a small segment in number but having a significant influence on the economy.

Will not be surprised that there is increase in non-tax revenue; possibility of an inheritance tax is premature.

Pushing for taxes in short period is not a good idea, need to improve tax administration.

Believe 7% GDP growth is an optimistic figure, GDP growth will most likely be in the range of 6.5-6.8%

Hope Budget focuses on healthcare and education

A large part of the industry has been asking for rationalisation and some cuts in the GST rates for select pain points where growth has virtually come to a standstill.

Any levy of additional taxes or surcharge or reintroduction of wealth tax must be carefully evaluated in terms of applicability, rates and cost of compliance.

With respect to the gross domestic product (GDP), we expect a stimulus in the budget.

Government needs to stimulate private investment; expect budget to focus on sops for MSMEs and middle class