BUDGET DOCUMENTS

• Key to Budget Documents
• Budget Highlights (Key Features)
• Budget Speech
• Budget at a Glance
• Annual Financial Statement
• Finance Bill
• Memorandum
• Receipt Budget
• Expenditure Budget
• Customs & Central Excise
• The Macro Economic Framework Statement
• The Medium Term Fiscal Policy Statement
• The Fiscal Policy Strategy Statement
• Statement of Revenue Foregone
• Implementation of Budget Announcements 2016-2017
• Complete Union Budget Part1-(Excluding Exp. Budget)
• Complete Union Budget Documents Part2-(Exp. Budget)

DETAILED BUDGET HIGHLIGHTS

• Will boost consumer appliances segment
• Allocation for clean water, sanitation will help bring India up to global standards
• Budget will boost rural India
• Serious on healthcare
• Easing of presumptive taxes welcome
• Pragmatic and positive
• Nothing transformational nor populist
• Without any big bang reforms
• A tepid budget by all accounts
• Surrounded by themes of transformation
• Removing FIPB may lead to liberalising of defence production
• Neither popular nor populist
• Non reduction of headline tax rates a major disappointment
• Budget aims to boost Digital Economy

SECTORS

• Batting for Bharat: Crisil
• Adding Muscles to Infrastructure Sector
• Business like budget; high on reforms: Assocham
• NPS made more attractive
• Will spread all-round cheer for housing
• Budget is extremely positive for logistics
• Budget provides special focus on the rural economy
• Sharp focus on infrastructure
• Hospitals in rural areas should have been given infrastructure status
• Directed towards economic growth and development
• Boosts real estate, low-cost housing and infrastructure

REACTIONS

• Union Budget 2017-18: Defence allocation up 6% y-o-y at Rs2,74,000 cr
• Budget could have boosted "Make in India"
• Healthcare sector gets a shot in the arm
• A boost to digital payment services
• Strengthening “Ease of Doing Business”

COMMENT

• Advantage Apple as SAD to push up costs for local mobile phone companies
• Jaitley proposes to make gains in India tax-free for foreign funds
• Budget proposes reforms in UGC; greater autonomy for top institutions
• Budget aims at a big boost to `Make in India’
• Budget provides Rs10,000 cr for rural broadband connectivity
• Banks to issue Electoral Bonds to enable donations to political parties
• Budget 2017-18: GST Council almost ready with recommendations, says finance minister
• Budget 2017-18: Total expenditure pegged at Rs21,47,000 cr
• Union Budget 2017-18: FM trims tax to 5% for income up to Rs5 lakh
• Curbs on cash transaction above Rs3 lakh

SPECIAL REPORTS

• Experts say shun rail-related stocks, as changes only cosmetic
• Budget may take service tax rates to 16-18% levels from 1 April
• Time apt for an expansionist budget, say experts
• Budget expected to boost spending and investment: Principal PNB AMC
• Budget 2017 to miss fiscal deficit target: Crisil
• Pharma industry seeks GST relaxations in the name of the poor
• Pre-Budget: Automakers demand 200% weighted deduction on R&D spend
• Pre-Budget: Real estate sector seeks infra status, interest rate cuts and tax sops

PRE-BUDGET REPORTS