The country had a lot of expectations from Budget 2013 for two main reasons - because it was presented by Mr. Chidambaram and also because it is one year before the general elections in the country. Revival of growth in the SME sector and brining abo...
Mr. Sanjay Chamria, VC & MD, Magma Fincorp Ltd. Keeping in line with the need to boost investments to spur growth in the economy, the 15% Investment allowance for entities investing over Rs.100 cr is a great step forward. In my view it will hav...
The budget for 2013-14 focused mainly on fundamental issues such as fiscal consolidation, mass housing, etc. rather than being a big bang budget as widely expected. In our view, it is good that the finance minister did not make an ‘election budget’ b...
The year 2013 is likely to witness more proactive approach resulting in better revenues and growth opportunities. Every cloud they say has a silver lining. Even though the current economic hardship, recession and financial instability across the...