Feb 04, 2019 09:25 AM IST
The Budget focused on moderation of taxes with greater emphasis on tax compliance. It stayed away from any loan waiver schemes, though the benefits announced for farmers are recurring in nature and will put pressure on the fiscal math
- Feb 02, 2019 12:37 PM IST
Going forward, the debt markets will shift the focus back to global growth and the path forward by the developed market central banks, oil, FX, portfolio flows and appetite for emerging market debt.
- Feb 02, 2019 12:09 PM IST
The direct income support for farmers as well as the tax benefits for the middle class will increase disposable income.
- Feb 02, 2019 09:27 AM IST
The reforms, largely focused on benefitting the rural and middle-class taxpayers, have struck the right cords with market watchers, investors and the public at large.
- Feb 01, 2019 07:32 PM IST
Post the budget, 10-year bond yield spiked to 7.6 percent as the immediate implication of the budget on the economic front is - higher market borrowings by the government.
- Feb 01, 2019 06:27 PM IST
Under the newly announced PM Kisaan Samman Nidhi, farmers owning up to 2 hectares of land will get Rs 6,000 per annum
- Feb 01, 2019 06:09 PM IST
I believe that the steps taken in the Budget apart from catalysing growth in the economy will also touch the lives of crores of people in a meaningfully positive way
- Feb 01, 2019 04:23 PM IST
Markets have rejoiced and have been trending up from lower levels of 10,600. There may be some profit booking and consolidation in the short term as prices tend to absorb the budget
- Jan 31, 2019 05:13 PM IST
For the long awaited policy reforms in infrastructure, probably we will have to wait for the regular budget that will be presented by the next government, post General Elections.
- Jan 30, 2019 05:19 PM IST
The government must look at increasing the deduction limit under section 80C from the current Rs 1.5 lakh.
- Jan 30, 2019 05:19 PM IST
In order to promote affordable housing, the government needs to give more incentives like income tax benefits for development of EWS, LIG and MIG housing.
- Jan 29, 2019 05:28 PM IST
A reduced GST rate on property would propel prospective home buyers to accelerate their purchase decisions, thereby leading the residential market to pick up pace.
- Jan 29, 2019 05:15 PM IST
Post Budget we expect volatility to rise but the undertone of the trend may be visible due to the fact that a lot of news will be discounted in prices.
- Jan 29, 2019 05:13 PM IST
Any move on relaxing corporate tax rate, LT capital gains or DDT can be positive for whole markets.
- Feb 28, 2013 07:44 PM IST
The Finance Minister, Chidambaram announced the fiscal Budget 2013- 2014 and also announced that he shall endeavor to introduce the amended DTC, post considering recommendations of the standing committee, before the end of the Budget Session.
- Feb 28, 2013 04:12 PM IST
If Palaniappan Chidambaram‘s eighth budgethas not set the markets on fire, it can be easily explained: his first goal was to avoid doing damage to investor confidence, which is what his predecessor managed to do. And unlike his own 2008 budget, which set the stage for the economy‘s long-term slide
- Feb 28, 2013 04:00 PM IST
Much was expected of Finance Minister P Chidambaram in Budget 2013 considering that he had marketed it aggressively to foreign institutional investors in the last few days.
- Mar 20, 2012 08:00 PM IST
In the past, budgets used to be a kind of state-of-the-union message, a strong indication of vision, direction and drive. Not any more.
- Mar 20, 2012 05:36 PM IST
Mountains of expectations always deliver a mouse. And so it was with Pranab Mukherjee's make-or-break budget. He neither made much of the opportunity nor broke anyone's back by trying to do too much.
- Mar 17, 2012 12:16 PM IST
This was that kind of budget, bewilderingly muddled about what it wanted to achieve.
- Mar 17, 2012 12:13 PM IST
Anybody that says the Budget was a non-event hasn't read it all. Nor have I. But I've read enough to know it is a significant event! A very significant event!!
- Mar 16, 2012 05:26 PM IST
The good thing for Pranab Mukherjee was that few people had any big expectations from the Budget, given the political compulsions of the UPA government.
- Mar 16, 2012 03:45 PM IST
The optics from the Union budget 2012-13 are positive for markets with higher growth, lower inflation and lower fiscal and current account deficits. GDP growth is estimated at 7.6 percent for 2012-13 against 6.9 percent for 2011-12.
- Mar 16, 2012 03:44 PM IST
Pranab misses his Big Bang moment, plays realist instead by making the right noises, and tinkering on some areas, Mukherjee has avoided any major negative backlash from markets and India Inc