Hemant Kanawala
Head of Equity
Kotak Mahindra Life Insurance
The focus would be on fiscal consolidation as it would have broader implications on the economy in terms of inflation and interest rates.
I expect a change in the corporate tax rate, with a cut to 25 percent in the next two to three years.
Bhaskar Bhat
MD
Titan Company
Additional excise duty will widen the gap between unorganized industry
The problem of stressed assets has been growing over the years as banks kept on giving money to \'bad corporate\'
Kiran Mazumdar Shaw
CMD
Biocon
The Modi government was voted in on the back of aspirational urban middle class, I am not so sure whether they are as euphoric about this Budget
Rohan Shah
Managing Partner
ELP
The mechanism of putting cesses in place is disappointing and undesirable. It complicates the tax system.
Jayant Sinha
Minister of State for Civil Aviation
GoI
If gross domestic product (GDP) has been 7.6 percent; it is because the urban economy is doing well. So, we need to make sure the rural economy does well also.
Dinesh Kanabar
Founder
Dhruva Advisors
The Budget signalled stability in the tax regime
C Rangarajan
Ex-chairman
PMEAC
The plans laid out by the Finance Minister in the Union Budget for 2016-17 are ambitious but the actual implementation may be difficult and will be keenly watched
Vetri Subramaniam
CIO
Invesco MF
The two clear positives from the Budget was the government sticking to fiscal deficit target and not tinkering with the long-term capital gain tax.
Samir Arora
Fund Manager
Helios Capital Management
The biggest negative is the shyness in saying and surprising the market by saying that we will give Rs 35,000 or Rs 40,000 crore to public sector undertaking (PSU) banks Rs 25,000 crore.
