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    Union Budget 2013 14

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    • Sebi allows FIIs to use govt, corporate bonds as collateral

      In a move that would help boost flow of overseas funds into Indian capital markets, regulator Sebi today allowed FIIs to offer government securities and corporate bonds as collaterals for their cash and derivative transactions on the stock exchanges.

    • IIP: Expect industrial growth to recover over next fiscal

      CRISIL Research has come out with its report on IIP data for January 2013. According to the research firm, the industrial growth is expected to recover somewhat over the next fiscal aided by a revival in consumption demand due to higher farm income and lower interest rates.

    • Budget Analysis: FM's royalty tax hike may hurt investor sentiment

      Foreign firms operating in India under the royalty model maybe in for some taxing times. In the Union Budget 2013-14, the Finance Minister has hiked taxes on royalty payments from 10 percent to 25 percent.

    • Budget 2013: Navigating growth amidst challenges: PwC

      While presenting the tax proposals in the Budget 2013-14, the Finance Minister set the context by stating that the underlying theme of his proposals is to bring clarity in tax laws, stability in tax regime, provide a non-adversarial tax administration and a fair dispute resolution mechanism.

    • Budget Reactions: Hail increase in defence allocation says Zicom Electronic

      It is not a flamboyant or even a populist Budget, as many would have expected, for the simple reason that early next year the country goes for the General Elections and Finance Minister P. Chidambaram‘s chief concern seemed to be reducing fiscal deficit than curbing inflation.

    • Budget Reactions: Measures for expanding financial markets welcome: Kochchar

      Measures for further expanding and deepening financial markets and facilitating foreign participation have also been announced. The budget is one part of overall economic policymaking and the budget presented today is a certainly a step forward in the series of initiatives announced by the government in recent months.

    • Budget to put economy on high growth: SIDBI

      The Union Budget 2013-14 embodies strong features of promoting investment and putting the economy on the high growth path leading to inclusive and sustainable development.

    • Budget Reactions: Cut in STT likely to boost sentiments: Bharti Axa Life

      This year‘s budget is a workman-like balancing act and the government has done a decent job given the challenges in the economy. On the positive side – we are happy to see the delivery on the fiscal promise-estimate at 5.2% FY13 & 4.8% FY14 but lack of further visibility on policy initiatives for the coming months is a disappointment.

    • Union Budget 2013 - 14: How is FM likely to achieve Rs 40,847 cr spectrum target?

      In Union Budget 2013, Finance Minister P Chidambaram expressed that the present uncertainty in the telecom sector will be resolved and spectrum will be auctioned.

    • Budget Reactions: Overall a practical Budget, says India Infoline

      Given the fact that elections are just round the corner and the grim macro-economic scenario, the Finance Minister has done a fairly commendable job. He has resisted the temptation to announce a populist budget.

    • Budget lacks grand plan to put economy back on track: HDFC

      FM's effort to fit everything somewhat scrappily into an omnibus policy has resulted in the lack of a cohesive grand plan to put the economy back on track.

    • Budget 2013 along expected lines, says JSPL

      The Union Budget 2013-14 is along predictable lines and is in sync with the Government‘s mantra to achieve growth leading to inclusive and sustainable development.

    • Budget Reactions: Permission to open branches will aid penetration: HDFC ERGO

      Insurance companies are now empowered to open branches in tier II cities without prior IRDA approval which is a good move and would facilitate penetration without much lag, except that there needs to be more clarity on the definition of Tier II markets.

    • Union Budget 2013 - 14: FM's math worked, will the economy follow suit?

      Union Budget 2013-14 could be termed prudent but not outright populist! The FM did some things right and while many expectations were met, the Budget has missed out on several counts. For one, it failed to address the problem of the Current Account Deficit, which admittedly was a bigger worry than fiscal deficit.

    • Budget Reactions: Housing focus to boost construction: Bhartiya International

      The Union Budget 2013-14 presented today is a very realistic and balanced budget.

    • Budget Reactions: Budget tax stability to cheer investor-mood: Khaitan & Co

      Overall, the theme of the budget is directed towards growth momentum of the Indian economy as a long term measure and also providing stability and certainty of tax laws to boost investors confidence in India as investment destination.

    • Budget Reactions: Apparel excise-cut Budget's only bright spot: Shoppers Stop

      The Union Budget, which has been built on the pedestals of Inclusive Growth covering Education, Skill development, Jobs and Income, has good intent and stable measures.

    • Budget Reactions: Budget focus on RGESS to boost retail investment: ICRA

      The proposal to increase income limit, avenues and time frame for retail investors under the RGESS is expected to invite a higher degree of retail participation in the Indian capital markets over the medium term.

    • Budget Reactions: Investment-positive despite no telecom focus: Tata Comm

      Union Budget 2013-14 did not have much focus on the Telecom sector in particular but the overall budget will be good for investments. There has been a meaningful increase in planned expenditure to the tune of 30%.

    • Budget Reactions: Aggregation of farm produce incentives positive: NCML

      The expectation that the Finance Minister would give the right signals to investors in the agriculture, warehousing and cold chain infrastructure space through an integrated package of measures to be announced in the Budget has been largely belied.

    • Budget Reactions: Hike in health allocation not enough: Metropolis Healthcare

      Although the increase in allocation for healthcare is a positive move, but is certainly not enough.

    • Union Budget 2013 - 14: Consolidation Focus, no populism positive: Angel Broking

      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.

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