'Any adverse impact on cryptocurrency space on account of either regulations or tax could move some of the money flows to equity markets'
TV Mohandas Pai, chairman, Manipal Global Education, shared his view about the Budget.
Reiterating Prime Minister, Manmohan Singh‘s view on the Union Budget announced today, Commerce Minister, Anand Sharma said that the Budget is one made under a challenging economic backdrop.
The Union Budget presented by the Finance Minister P Chidamabaram did not go well with the opposition parties. In an interview to CNBC-TV18, Jay Panda of BJD says that the FM was under pressure to pull off a 'safe' Budget. He also adds that there was a desperate need of investment major highlight of Budget.
Parthasarathi Shome, advisor to the Finance Minister, explains on CNBC-TV18 why the tax residency certificate issue should not spark off fears for foreign institutional investors again.
The FM in his Budget speech today spoke about easing registration norms norms for a large number of global investors.
Sanjay Singh, associate director at Standard Chartered Securities India Ltd, tells CNBC-TV18 that ITC could see earning fall by 1.5% in the coming year due to the 18% hike in excise duty.
In his Budget speech, Finance Minister P Chidambaram today said announced his intention to widen the tax base. Ashwani Kumar, Law Minister believes the FM has laid a strong edifice and a foundation for consolidating the Indian for the future.
In an interview to CNBC-TV18 Montek Singh Ahluwalia, deputy chairman of Planning Commission shared his reading for the Union Budget 2013.
In an interview to CNBC-TV18, Dharmesh Mehta, MD-Institutional Equities at Axis Capital shares his reactions on Budget 2013.
Given that this was UPA‘s last Budget before general elections, it could have been worse, but Chidambaram has done better than our expectations, Rakesh Bharti Mittal, vice-chairman and MD of Bharti Enterprises said in an interview to CNBC-TV18.
In the Budget speech presented by the Finance Minister, P Chidambaram, there were some indications made with respect to taxes via the Mauritius route. In an interview to CNBC-TV18, Sanjay Kapadia, Tax Partner, E&Y shares his views on tax residency certificate (TRC).
Pawan Goenka, president Automotive & Farm Equipment Sector, M&M Ltd, talking to CNBC TV18, says that he is happy that there are not too many populist measures in the Budget nearing an election year.
Vikram Mehta, former chairman, Shell India, shared his view on the Budget.
Former Finance Minister and senior leader of BJP Yashwant Sinha feels, the Budget announced by P Chidambaram was insipid.
R Shankar Raman, chief financial officer of L&T, believes that there will be good demand for the 3,000 kilometer of new roads proposed by the Finance Minister in the Union Budget 2013-2014.
Rana Kapoor, Founder & CEO, Yes Bank shares his view on the Union Budget 2013.
Vibhav Kapoor, Director, IL&FS stands in full support to the Union Budget 2013-14 presented by Union Finance Minister P Chidambaram in the Lok Sabha today. He told CNBC-TV18 that the finance minister had a very difficult job to do because there was no money available. With the limited options he has done a decent job.
Reacting on the Budget, Rajiv Memani, CEO and country managing partner of Ernst & Young said the surcharge of 10 percent imposed on super rich was more than what was anticipated.
Akash Prakash, fund manager and chief executive office, Amansa Capital, speaking to CNBC, says he is disappointed that this is a budget which has nothing dramatically new, no big bang reforms.
UR Bhat, MD, Dalton Capital Advisors, shared his view on the Budget.
The Union finance minister today presented the Budget for the year 2013-14. HP Ranina, Corporate Tax Lawyer gave his reaction on the same. He wasn‘t very happy with the Budget. He believes that the FM has done nothing to override what was done in Finance Act 2012.
Sunil Munjal, MD, Hero expects the GST to get approved before the end of the next fiscal. Reacting to Union Budget 2013, Munjal told CNBC-TV18 that after slew of meetings between the finance ministry and various other ministries the mood is upbeat.
Koushik Chatterjee, Group CFO, Tata Steel told CNBC-TV18 that the focus will be on how effectively coal will me mined with Coal India‘s reserves.
Deepak Parekh, chairman, HDFC, shared his view on the Budget.