DETAILED BUDGET HIGHLIGHTS
REACTIONS
- Taxpayers welcome relief and Saral forms
- Contributes to infrastructure development across the country: Pradeep Jain, chairman, Parsvnath Developers Limited
- Well-crafted test match innings: Harsh Goenka, chairman, RPG Enterprises
- Despite capital support to government-owned banks, asset quality concerns remain: Fitch
- Focused stimulus was best: Kurt Rippholz, group communications head, Volkswagen India
- A budget for sustainable growth: Rana Kapoor, founder, MD and CEO, Yes Bank
- No significant mention on divestments: Vikram Kotak, CIO, Birla Sun Life Insurance
- A good, strong diet of sustainable growth: Madhabi Puri Buch, MD & CEO, ICICI Securities Ltd
- A daring budget and a job well done: FICCI president H P Singhania
- Travel, hospitality industry ignored: FHRAI chief M P Purshotharam
- SST for life insurers unfair: Asa Life CFO V Srinivasan
- A budget for sustainable growth: Rana Kapoor, founder, MD And CEO, Yes Bank
- No significant mention on divestments: Vikram Kotak, CIO, Birla Sun Life Insurance
- A good, strong diet of sustainable growth: Madhabi Puri Buch, MD & CEO, ICICI Securities Ltd
- Focuses on inclusive growth and equitable development: Vinnie Mehta, Executive Director, MAIT
- Provides long term direction to inclusive growth: M. Narsimha Rao, President, Hyderabad Software Exporters Association
- Impact on Corporates Credit Neutral : Fitch
- Commodity markets pleased with CTT removal
- Provides fiscal stimulus through greater public spending: Meera Sanyal, country executive, ABN Amro Bank India
- Good for the IT sector: Ajai Chowdhry, CEO and chairman, HCL Infosystems Ltd
- Commendable job, says PM