Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Union Budget

| More

Post-budget reaction - Mr. Mustafa Nadeem, CEO, Epic Reseach

Posted On: 2017-02-01 21:15:26

Budget has been given thumbs up by markets and corporate. It is budget for Gramin and lower middle class which forms majority of India. Their is lot to cheers about this budget with some disappointments but overall direction is clear and if implemented will give major boost to spending and shaping up of rural economy.

All this has been done keeping fiscal responsibility intact is a big boost for the markets. Some of the notable highlights like lowering tax rate to 5% for income upto Rs. 5 lacs will increase the tax net, also the reduction of tax by 5% for corporate with annual turnover of less than 50 crores is again a positive.

The thrust on rural economy by increasing allocation to MNREGA and increasing rural spending will reduce the demonetization impact for poor. The abolition of FIPB is a big plus for economy and clear signal for investors to invest and make in India.Not tinkering with LTCG is again a relief for market given the sign of changes in same from PM. The fiscal deficit target of 3.2% of GDP is very welcoming but is hard to maintain and may be extended at later stage.


Source: Equity Bulls

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





Other Headlines:

Views on Interim Budget 2019 - Sangeeta Prasad, MD & CEO, Mahindra Lifespaces

Reaction on Interim Budget 2019 - AdvaMed

Reaction from Fintech and Payments industry on interim budget 2019

Interim Budget 2019 Reaction - Ashish Mehrotra, MD & CEO, Max Bupa Health Insurance

Interim Budget 2019 Reaction - Mr. Ramratthinam S - CEO, Muthoot Homefin India Limited

Budget could have had incentives for coworking sector

The Market Moves: Angel Broking

Interim Budget 2019 Reaction - Dr. Alok Roy, Chairman, Medica Hospitals Pvt Ltd

Budget Review - Acuité Ratings and Research

Interim Budget 2019 Reaction - Mr. Sanjay Chamria, Vice Chairman and Managing Director, Magma Fincorp Limited

A populist yet balanced budget with a grand vision: Srei

Prioritised populism over fiscal prudence: Angel Broking

Interim Budget 2019 Reaction - Mr. Kushal Nahata, CEO & Co-founder, FarEye

Interim Budget 2019 Reaction - Mr. Parag Agarwal, Founder & CMD, Janajal

Interim Budget 2019 Reaction - Neel Juriasingani, Co-Founder & CEO, DataCultr

Interim Budget 2019 Reaction - Kumaresh Ramakrishnan, Head-Fixed Income DHFL Pramerica MF

Interim Budget 2019 Reaction - Raman Mittal, VP-Marketing, TO THE NEW

Interim Budget 2019 Reaction - Micromax

Interim Budget 2019 Reaction - Mr. Arun Thukral, MD & CEO, Axis Securities

Tax implications for the common man from Interim Budget 2019-2020: Angel Broking

Interim Union Budget 2019: A road map for developing India

Interim Budget 2019 Reaction - Mr. K. Ravichandran, Senior VP & Group Head - Corporate Ratings, ICRA

Focus on 'Healthy India' is the key takeaway: NATHEALTH

Comprehensive Wellness for Healthy India needs bigger collaborations

Big boost for consumer stocks: Angel Broking

A populist budget that gives major boost to the real estate sector

Interim Budget 2019 Reaction - Mr. Navneet Munot, Executive Director & Chief Investment Officer, SBI Mutual Fund

Interim Budget 2019 Reaction - Mr. Anuj Gulati, MD and CEO, Religare Health Insurance

Interim Budget 2019 Reaction - Power Sector - Mr. Sabyasachi Majumdar, Senior VP & Group Head - Corporate Ratings, ICRA

Interim Budget 2019 Reaction - Mr. Kamal Nandi, President - CEAMA and Business Head & Executive VP - Godrej Appliances

Interim Budget 2019 Reaction - Mr. Sabyasachi Majumdar, Senior VP & Group Head - Corporate Ratings, ICRA

Interim Budget 2019 Reaction - Epic Research

Interim Budget 2019 Reaction - Mr. Harsh Jagnani, Vice President & Sector Head-Corporate Ratings, ICRA

Interim Budget 2019 Reaction - Auto Components - Ms. Pavethra Ponniah, VP and Sector Head - Corporate Sector Ratings, ICRA

Interim Budget 2019 Reaction - Two-wheelers - Ms. Anupama Arora, VP & Sector Head - Corporate Ratings, ICRA

Post Budget Reaction 2019 - Sennheiser

Interim Budget 2019 Reaction - Tractors - Ms. Anupama Arora, VP & Sector Head - Corporate Ratings, ICRA

Interim Budget 2019 Reaction - Commercial Vehicles (CVs) - Impact: Neutral

Interim Budget 2019 Reaction - Sathguru Management Consultants

Interim Budget 2019 Reaction - Passenger Vehicle - Mr. Ashish Modani, VP & Co-Head, Corporate Ratings, ICRA

Interim Budget 2019 Reaction - Pharmaceuticals - Mr. Gaurav Jain, Vice President - Corporate Ratings, ICRA

Union Budget 2019: Empowering MSMES grows faster from Dinesh Agarwal, Founder and CEO, India Mart

Interim Budget 2019 Reaction - FMCG - Mr. Subrata Ray, Senior Group Vice President, ICRA

Interim Budget 2019 Reaction - Gold Jewellery Retail Industry - Impact - Neutral

Interim Budget 2019 Reaction - K. Ravichandran, Group Head, Corporate Sector Ratings - ICRA Ltd

Interim Budget 2019 Reaction - Shubham Jain, Group Head, Corporate Sector ratings - ICRA Ltd

Interim Budget 2019 Reaction - Mr.Anand Vilayannur, CEO & Co-founder, Tattva Mittal Group

Interim Budget 2019 Reaction - Balaji Rao, Managing Partner - Real Estate, Axis AMC

Interim Budget 2019 Reaction - Mr. H. P. Rama Reddy - Chairman, Reliaable Developers

Interim Budget 2019 Reaction - Mr. Snehashish Bhattacharjee, Global CEO, Denave







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

disclaimer copyright © 2005 - 2019