Budget Impact

Lower government borrowing, combined with the Indian bond market’s inclusion in global bond indices will lead to strong inflows into India, generating funds to build long term infrastructure projects that boost the GDP, provide employment and keeps the INR stable 

Signalling continuity of reforms in Budget should give investors comfort

The soft assumptions on gross domestic product (GDP) growth, tax growth and revenues gives the economic numbers far more legitimacy than was expected 

Budget 2023: A budget that keeps the spotlight on resource building

To the extent that this annual exercise is a window into the government's thinking and vision for the future, Budget 2023, dares to be different

Why Budget 2023 is like a Curate’s Egg

With RBI projecting an inflation of 5 percent in June 2023, the probability of the 10-year government bond yield heading lower exists

Three questions without clear answers in Budget 2023

The finance minister has done a skilful balancing job, but there are three questions that crop up after reading the Economic Survey and the budget documents together 

Live | Budget 2023: The Deal Street Verdict | Will The Budget Spur M&A Activity?

Catch top dealmakers Pramod Kumar, MD & Head ( I-Banking), Barclays and Ashwath Rau, senior partner, AZB & Partners dissect the impact of Budget 2023 on Deal Street with Moneycontrol Ashwin Mohan

Budget 2023: The devil is in the detail

The fine print reveals the tax implications of some of the budget proposals

Budget 2023: Investor wealth can compound 3-4 times in the coming 12 years

The proposals for encouraging growth and demand even as fiscal discipline is being maintained are strong pull factors for global capital 

The financial sector doesn’t fit the Budget 2023 jigsaw

While the government is making enabling amendments to sell loss-making banks and is, thus, not providing any fresh recapitalisation funds, it is oddly not accounting for their sale in its receipt budget 

Budget 2023: Investment-led growth a priority, defying worries about populism 

But the budget on its own cannot drive a market rally 

Budget 2023: Capex bazooka to keep GDP growth all fired up

A good balancing act that gives impetus to growth drivers while sticking to the fiscal consolidation path

Budget 2022 is an investor-friendly one

This is a growth-oriented Budget that considers long-term aspirations, is likely to create a multitude of socio-economic opportunities for various stakeholders, and to promote India as a preferred investment destination 

Real Estate | Budget 2022 positive for residential, commercial sectors

Budget 2022’s focus on developing and modernising tier 2 and tier 3 cities will further accelerate real estate penetration, both residential and commercial 

Budget 2022 | Government focuses on capex multipliers

The bond market reception of the Budget has been underwhelming as a sharp drop in disinvestments increased the reliance on debt receipts. Moreover, recourse to market borrowing increased as the provision for small savings has come down 

Budget 2022 identifies building blocks for sustainable growth

If the government delivers on its promise of increased public investment and spending, and can boost investor and consumer confidence in the rejuvenation of the growth process, the private sector will respond in full measure, and with great vigour 

Highlight of Budget 2022 is focus on capex

The budgeted numbers for receipts on account of disinvestment at Rs 650 billion for FY2023, appear achievable with the possibility of some spill over from the stake sale in LIC 

Healthcare | Budget 2022 focuses on the future, but what about the here and now?

The health sector has been badly neglected these past seven decades — not for want of ideas or capability, but funding and policy attention 

Budget 2022 gives a shot in the arm for India’s EV ecosystem

Budget announcements will help in eliminating range anxiety, popularising EV exclusive zones, encouraging interoperability of batteries, and simplify foreign investments in clean energy 

Budget 2022 | For real estate sector, no new taxes is good news

In order to sustain growth in the real estate sector it was expected that Budget 2022 would have significant tax reliefs, and incentives. While there were welcome initiatives from a policy perspective, there was not much on the tax side 

Budget 2022 | India needs a framework to fund its capital investment

Budget 2022 should have focused on facilitating and providing solutions via deep-rooted reforms in the power sector across the value chain

Budget 2022 | Government trigger-shy in offering tangible economic incentives to startups

This seems like a good Budget for startups: no new taxes or compliance burdens, a small reduction in the capital gains tax, the first step towards legalisation of crypto assets, and an intent to do a lot more soon 

Why Budget 2022 works for startups

A lot of people were expecting clarity on Indian startups being allowed to list abroad. I don’t think startups listing on Indian bourses is a bad idea, because if they list abroad, Indian investors have no way of making money from them 

Energy storage — Pragmatic policy push need of the hour

To fulfil clean power goal, it is imperative to have a regulatory framework that encourages energy storage system in the country 

How Budget 2022 will impact corporates

Finance Minister Nirmala Sitharaman has tried to ensure that the tax rates and regime is consistent with the last year, so as to provide avenue for the corporates to continue business without any major tax changes

Budget 2022 addresses credit woes of MSMEs with extension of ECLGS

By extending the ECLGS for the MSMEs by one more year, Finance Minister Nirmala Sitharaman has addressed the wider issue of credit flows to small businesses, which is critical for a faster pace in economic recovery, and job creation