at the very Core of it all … is Content!
The FM has presented the first full year budget. A big relief for NBFCs is their inclusion under the SARFAESI Act. NBFCs with assets of Rs.500 crore and above have now the opportunity to use SARFAESI Act against wilful defaulters. This was a much needed level playing field required for NBFCs. The NBFC of …
Dr Rajeev K Sharma, Senior Orthopedic Specialist & Joint Replacement Surgeon at Indraprastha Apollo Hospital, New Delhi says, “The most notable part of the budget announcements on the healthcare sector is of course on the health insurance front. We have seen people lose their savings, become indebted and bankrupt to meet healthcare exigencies in …
Mr Rohit Aggarwal, Founder and CEO of Koenig Solutions. Said, “We genuinely welcome the budget’s emphasis on giving a friendly environment and financial incentives to business start-ups, especially in the IT sector. The FM has proposed Rs 1,000 crore to help IT start-ups, and support funding needs of small firms. The FM rightly recognized the …
Mr. Rajesh Aggarwal, Managing Director, Insecticides India Ltd. Said ,”The Finance Minister has rightfully recognized the stress on agriculture incomes and put emphasis on investing in rural infrastructure. The allocation of Rs. 5,300 crore towards micro-irrigation, watershed development initiatives is a particularly welcome measure. We all know that a bulk of our population is dependent …
A balanced and a pragmatic budget. It had all the ingredients to push growth and bring reforms back on track. The push on infrastructure, social security schemes and a commitment towards implementation of GST by next year are the notable positives. The finance minister has provided a direction to the development model of the government …
On the overall budget The budget has been pro growth with a social face and the finance minister has tried to do things possible under the present circumstances and the prevailing challenges. The budget has aimed at bringing in rationalisation in taxation and a certainty in tax administration, notable being doing away with retrospective taxation …