Budget 2013 Sector Impact

Angel Broking has come out with its report on "Union Budget 2013-14 Review"

Union Budget 2013 - 14: IIFL: FM's math worked; will the Economy follow suit?

the Finance Minister has confined the fiscal deficit to 5.2 per cent in FY13 and as expected, this arithmetic achievement is in line with his topmost agenda of averting a country rating downgrade: IIFL

Union Budget 2013 - 14: Hoping for revival in growth, says P Lilladher

BUDGET 2013-14: Walking a tight rope amidst uncertain global environment and hoping for revival in growth, says Prabhudas Lilladher.

Union Budget 2013 - 14: Budget pins consolidation hopes on revenue-boost: Emkay

Emkay Global Financial Services has come out with its preview on Budget 2013-14.

Union Budget 2013 - 14: Budget focuses on fiscal amid revenue challenges: D&B

Union Budget FY14: The Finance minister has articulated a Fiscal Deficit (FD) target of 4.8% of GDP during FY14 with a commitment to bring down the FD, Revenue Deficit and the Effective Revenue Deficit to 3.0%, 1.5% and zero, respectively by FY17, says D&B.

Budget 2013: Budget expenditure may exceed limits: GEPL Capital

GEPL Capital has come out with its post Budget analysis for 2013-14. According to the research firm, budgeted expenditures for FY2014 may get exceeded due to time consumption to direct transfer to poor and GST (Goods and Services Tax) still largely remains on paper.

Budget 2013: FM uses Budget to heighten welfare focus: CARE Research

The Indian economy is going through challenging times with GDP growth slowing down to 5% in FY13. Industrial activity has also come down sharply and would just about show growth of 1-2% for the entire year: CARE Ratings.

Budget Reactions: Cheer on no populism, off-Budget policy key: Motilal Oswal

Motilal Oswal has come out with its report on Union Budget 2013-14.

Budget Reactions: CAD focus, agri-growth target postive: Maximus Securities

Maximus Securities has come out with its report on Union Budget 2013-14.

Budget Reactions: Budget austerity measures to attract FIIs: Nirmal Bang

Nirmal Bang has come out with its report on Union Budget 2013-14.

Budget Reactions: Budget is wake-up call on fiscal prudence: Microsec

Microsec has come out with its report on Union Budget 2013-14.

Budget Reactions: Budget cheers investor-mood, controls fisc: SPA Research

SPA Research has come out with its report on Union Budget 2013-14.

Budget 2013-14: Dull propsals, fiscal focus heighten uncertainty: Sharekhan

Sharekhan has come out with its report on Union Budget 2013-14.

Budget Reactions: Budget eyes growth, deficit-cut amidst economic slump: IDBI

The Union Budget for 2013-14 has been framed in a situation of considerable economic difficulty.

Budget Reactions: Focus on bancassurance, HRD positive: IndiaFirst Life

It is a positive budget from the insurance and BFSI perspective. On the big picture, the investments in education, skill development, infrastructure and rural development will have positive impact on the life insurance demand.

Budget Reactions: Non-event Budget causes DTAA confusion: ING Investment

Overall the budget was a non-event but for the confusion over the ‘proposal to amend section 90 and 90A that makes tax residency certificate, a necessary but not sufficient condition for claiming DTAA tax benefits from April 1, 2013

Budget Reactions: Deficit cut tough on higher tax, dull GDP growth: KM Global

KM Global has come out with its report on Union Budget 2013-14.

Budget Reactions: Budget austerity wins over populism: Eastern Financiers

Eastern Financiers has come out with its report on Union Budget 2013-14.

Budget Reactions: Hope RBI boost for govt plan on realty, capex: Dolat Cap

Dolat Capital has come out with its report on Union Budget 2013-14.

Budget Reactions: Inclusive, realistic & balanced Budget: Aditya Birla Money

Aditya Birla Money has come out with its report on Union Budget 2013-14.

Budget Reactions: Budget disappoints home seekers, realty industry: Summer

It is a very disappointing Budget especially, for the home seekers and realty industry. One per cent of TDS on property of above Rs 50 lakh will discourage the industry in urban areas.

Budget 2013: Is Chidambaram's tax googly beneficial to foreign investors

Although, market expectations were quite high, the Finance Minister failed to deliver and presented an average budget which did not excite investors much. In a panel discussion with CNBC-TV18, Art Woo, Director – Asia, Sovereign Ratings, Fitch Ratings believes P Chidambaram‘s assessment of the fiscal deficit is modestly encouraging.

Budget Reactions: Super-rich tax good move; laud FM's effort: Narayana Murthy

Finance Minister, P Chidambaram proposed to impose a 10 percent surcharge on people with income of more than Rs 1 crore in his Budget speech. Narayana Murthy, Chairman Emeritus of Infosys lauds the minister's effort in this direction stating that in a country where poverty is rampant, this kind of a tax will be peanuts for those who earn more.

Budget Reactions: Budget a hit with low DDT, income repatriation : RSM Astute

Section 115BBD of Income Tax Act (‘the Act‘) provides for taxation of gross dividends received by an Indian company from a specified foreign company (in which it has shareholding of 26% or more) @ 15% (plus surcharge of 5% and education cess of 3%)

February 28th: History Repeats Itself?

By: Menaka Doshi, CNBC TV18