The Budget often changes the investing arena and offers an opportunity to review your portfolio. A few experts tell Rahul Oberoi their recommendations.
Easing FDI norms and allowing the entry of global retailers can help by
creating an environment that drives competition, consumption and creates
choices for the consumer.
The fiscal deficit would also come down as excise duty evasion would
come down by upward of 90 per cent, writes the Godrej Group of Industries chairman.
From the point of view of the corporate sector I will say that I do not
feel very enthusiastic. It was not a very exciting budget for the
corporate sector, writes Bajaj Group chairman.
The government on Monday proposed imposition of 5 per cent service tax
on treatment in private hospitals, paid either by individuals, insurance
companies or firms.
Stock market experts termed the Budget as "progressive" and "balanced". Sensex, which had plummeted 13.69 per cent in the year so far, saw an impressive rebound too.
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