Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Union Budget
Budget 2011-2012 Home
Industry Expectations - Budget 2011-2012
Industry Reactions - Budget 2011-2012
Budget 2010-2011
Budget 2010-2011 Home
Industry Expectations - Budget 2010-2011
Industry Reactions - Budget 2010-2011
Contributor's Corner
Bonanza Portfolio
Hemant K Gupta
Krish Bhatt
S A A R T H I
Trinity Investments
Exchange Information
BSE 2009 Holidays
NSE 2009 Holidays
Investor Guide
Depository & Dematerialisation
Grievance Redressal
Investor Guide
SEBI
Trading of Securities
Transfer of Securities
Your Rights
Budget 2009-2010
Budget 2009-2010 Home
Industry Expectations - Budget 2009-2010
Industry Reactions - Budget 2009-2010
Interim Budget 2009-2010 Home
Industry Expectations - Interim Budget 2009
Budget 2008-2009
Railway Budget 2008-2009
Industry Expectations - Budget 2008
Union Budget 2008-2009
Highlights of Budget 2008-2009
Summary of Budget 2008-2009
Industry Reactions - Budget 2008
IPOs
Current IPOs
Past IPOs
IPO Subscription
Mutual Funds
Gold Exchange Traded Fund
MF Unique Holding
Forthcoming Dividends
ELSS Schemes Comparison
Tax Plans
New Fund Offers
Research
Arbitrages
Equity
Market Whispers
Tax Planning
Home
Equity Linked Savings Scheme
Post Office MIS
9% GOI Senior Citizens Savings Scheme
8% Savings (Taxable) Bonds
Kisan Vikas Patra
National Savings Certificate
Public Provident Fund
Union Budget

| More

Post-budget reaction - Mr. Parth Nyati, COO, TradingBells

Posted On: 2017-02-01 21:16:56

This is a very good growth oriented budget meant to benefit rural and urban population alike. IPO for public sector undertakings like IRCTC, IRFC and IRCON is a pleasant surprise and would ensure more retail participation. It is an extremely smart move for divestment. Reduction of corporate tax would benefit 96% of the Indian corporate having turnover less than 50 corers. We can see SMEs getting a positive boost from this move. Long term capital gain tax on equity markets remained unchanged which will further boost investor participation.

Service Tax and STT also remained unchanged. Some reports suggested that both could go up. It gives a positive kick right after the budget. However lowering of STT would have benefited the financial markets. More Government spending on infrastructure like highways, railways, coastal roads, affordable housing will pump in liquidity in the market which was required post demonitisation. Infrastructure status given to affordable housing segment will lower the borrowing costs for housing loan. This is in line with the vision to create 1 crore houses by 2019. This should give a boost to reality and ancillary industries like cement, iron ore, metal, paints etc.

Focus on digitalization and incentives on online payments would increase digital payments and will benefit online trading. Abolishment of FIPB and automation would ease out the process for Foreign Portfolio Investments. We can expect more foreign investments. There are a lot of benefits for farmers aimed to double their income in 5 years. Irrigation based stock will get a boost out of this.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Post budget reaction - Mr. Mayur Gandhi, Chief Financial Officer, Schenker India Pvt. Ltd.
Union Budget Reaction - Mr.N.K.Prasad, President and CEO, CAMS
Don't be in a hurry to book profits, further steam left in the market: Angel Broking
Lords Hotels & Resorts on Union Budget 2017
Union Budget Reactions from Restaurateurs in Mumbai
Twitter records over 700K Tweets with #Budget2017
Budget reaction - Fintech sector - AGS Transact Technologies Limited
Post-Budget View - DTDC Express Limited
Budget reaction - Mahindra Lifespace Developers Limited
Post Budget Reaction - Haier India
CNBC-TV18 Mint Budget Verdict' brings India's policy makers
Comments on Budget 2017 - Mr. Kamlesh Patel, CMD, Asian Granito India Ltd
Post Budget Quote on Healthcare sector - Dr. P. M. Bhujang, President, Association of Hospitals
Union Budget 2017 Reaction - Mr Kamal Nandi, Business Head & EVP, Godrej Appliances
Budget Reaction - Mr Pirojshaw Sarkari, CEO, Mahindra Logistics
Realty Sector Hails The Union Budget 2017 - 18
4 ways the Budget 2017 will benefit Startups - Mr. Sujayath Ali, Co-founder and CEO, Voonik
Union Budget - Reaction - Ecommerce, Travel, Fitness, Cosmetics
Union Budget announcements for Pharma Industry - Khaitan & Co.
Budget Reaction - Khaitan & Co. on Ecommerce and FIPB abolished
Post Budget Reaction - Pradeep Dadha, CEO and Founder, Netmeds.com
Post Union Budget reaction - Mr. Abnish Kumar Sudhanshu, Amrapali Aadya Trading & Investments
Union Budget 2017-18 - Fiscal Prudence combined with Thrust on Rural, Infra & Housing - Reliance Securities
Budget Reaction: Logistics Industry - Anjani Mandal, CEO, Fortigo Network
Reaction on Budget - Radhika Rao, Economist DBS bank
Budget 2017 - Infrastructure sector - Centrum Infrastructure Advisory Limited
Post-budget reaction - Mr. Mustafa Nadeem, CEO, Epic Reseach
A disciplined and sensible budget; rural, housing and consumption sectors get major boost: Angel Broking
Post Budget Reaction - Anshul Mittal, Co-Founder, Konsult
Budget Reaction - Travel and Tourism - RCI India
Budget Reaction - Manufacturing Industry - K. Madhavan, MD, Peps Industries
Budget Reactions - Mr Himanshu Pujara, Managing Director, Euronet Services India Pvt Ltd
Union Budget 2017 - Mr. Manu Agarwal, Founder & CEO of Naaptol
Budget 2017 Reaction - Videocon
Post Budget Reaction - Education / Startup sector
Budget Reaction - Mr. Amit Modi, Director, ABA Corp and Vice President CREDAI Western UP
Post Budget Reaction - Mr. Vikas Khanvelkar, Managing Director, DesignTech Systems Ltd.
Technologies for Skills Development - Union Budget Reaction from eLearning sector - Skillsoft India
Union Budget 2017 Reaction - Truebil - Shubh Bansal - Co-founder and Chief of Marketing
Budget Reaction - Amitabh Chaudhry - Managing Director and Chief Executive Officer, HDFC Life
Budget Reaction - Rushabh Gandhi, IndiaFirst Life Insurance
Post Budget Reaction: Talentedge Ed-Tech firm
Union Budget 2017 - Sameer Segal, Founder and CEO - Artoo
A Budget less on Micro economics and more on Macro economics - Ms. Debadutta Upadhyaya - Co-founder, Timesaverz.com
Taking Ease of Doing Business from India to a Digitally Healthy Bharat - Dinesh Agarwal, Founder and CEO,IndiaMART.com
Budget 2017 seems to be positive for skill development - Mr. Dinesh Goel,Co-Founder & CEO, Hunarr.co.in
Budget measures aimed at empowering women Ms. Neha Bagaria,Co-Founder & CEO, JobsForHer
Hero of Budget 2017 is rural sector - Mr. Vishwavijay Singh, Co-founder, SaleBhai.com
Union Budget View - Mr. Sunil Gupta, Founder & Director, ExportersIndia.com
Budget 2017 - Ms. Sangeeta Banerjee - Co-Founder & CEO - ApartmentADDA


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2017