Reactions To Budget 2013

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

Budget Reactions: Need GDP of 6.5-7% to boost fisc deficit target: Naina Lal

Naina Lal Kidwai, President of FICCI told CNBC-TV18, the Budget has covered as much as it could in terms of reviving the investment cycle.

Budget Reactions: Generation based incentive positive for wind sector: Ushdev

Finance Minister‘s announcement to reintroduce ‘generation-based incentive‘ for wind energy projects is a welcome move for the industry.

Budget Reactions: Allowing Banks to acts as broker good move, Birla Sun Life

Steps to allow banks to act as brokers for selling insurance products of multiple companies will give customers more choice and will allow life insurance companies to make further inroads in the years to come.

Budget Reactions: Addressing overseas trust deficit issue good move: Gart

The big overarching focus on growth by the FM is the fundamental ‘feel good‘ factor in this budget. Given the fact that one can argue that a lot of the weakness in the Indian economy is what I call a ‘sentimental recession‘, his strong statement that there is no grounds for ‘doom and gloom‘ heading into the new year.

Budget Reactions: FM rolls out popularistic, progressive Budget: KPMG India

Duly recognizing the prevailing Fiscal and Economic impediments, the FM seems to have lived up to the expectations of India Inc in presenting what can be termed as a POULARISTIC and a rather PROGRESSIVE budget

Budget Reactions: Skill development schemes welcome move says NMIMS

The Finance Minister while presenting the budget mentioned that his priority was growth which was not possible unless and until there was an inclusive sustainable development.

Budget Reactions: Budget far from expectation of aam admi: BDO Consulting

As the budget process was on, the expectation started building up on correcting the slabs, but FM did not match up the expectations of Aam Admi