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Piyush Goyal
Minister of Railways and Coal
Government of India
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This is a growth-oriented Budget which has ensured that almost nobody is stressed with any additional taxes. |
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Shaktikanta Das
Secretary
Economic Affairs
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The Budget is strong on reforms, fiscal numbers and macroeconomic parameters. It will boost the rural and agriculture sectors. |
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C Rangarajan
Ex-chairman
PMEAC
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By and large a fairly routine Budget in the sense there are number of expenditure items which are indicated but there are not been much changes on the revenue side. Happy that the fiscal deficit is maintained at 3.2 percent. |
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Adrian Mowat
Chief Asian & Emerging Market Strategist
JP Morgan
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A very workmen like Budget. Got some clear indications about how to broaden the tax base in India, developments around improving transparency, efficiency, these are all good things. |
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Deepak Parekh
Chairman
HDFC
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A good Budget, has done a lot for housing and for rural development. Disappointed with no announcement on corporate tax. |
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Madhu Kela
Chief Investment Strategist
Reliance Capital
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The property long-term capital gain tax has been reduced to two years but one has to read the fine print. |
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Ramesh Damani
Member
BSE
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An extraordinary achievement for the FM to deliver the least volatile Budget in 30 years. |
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Madhu Kela
Chief Investment Strategist
Reliance Capital
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The property long-term capital gain tax has been reduced to two years but one has to read the fine print. |
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Deepak Parekh
Chairman
HDFC
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A good Budget, has done a lot for housing and for rural development. Disappointed with no announcement on corporate tax. |
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Sunil Munjal
Joint MD
Hero Moto
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There needs to be a big impetus on job creation, especially startups.Sectors such as housing can be crucial to migrant labour and create job opportunities. |
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Govindrajan Chellappa
MD & Head of Research Ind
Jefferies
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There could be likely tinkering of personal tax where the minimum slab for individuals could be increased but unlikely that changes would be made to indirect taxes. |
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Nilesh Shah
MD & CEO
Envision Cap
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More than the fiscal deficit number, governments commitment to stick to the path of fiscal consolidation key. See higher allocation to social sector. |
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Vikas Khemani
CEO - Wholesale Capital Markets
Edelweiss Financial Services
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Game-changing taxes such as modifications to the Long Term Capital Gains regime will be important to get a sense of direction. |
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James Sullivan
Head APxJ Equity Research
JP Morgan
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Govt might look at moving fiscal deficit to 3.3 percent. Positive on Indian equities - financials and infra. Wary of healthcare, IT. |
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Aditya Narain
India Strategist
Citigroup
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I expect the Budget to be biased towards consumers rather than corporates. Talk of ease of doing business will not cheer corporates much as they have heard the same line before. |
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