Budget Insight Out: India Inc shouldn't judge tax policy on rate alone

Business Standard's panel of experts dissects Budget 2017 to help you read the fine print

Our panel of experts at 'Budget Insight Out' dissect Finance Minister Arun Jaitley's Union Budget 2017 to help you read the fine print and make better sense of the provisions announced for financial year 2017-18.

Excerpts:

Finance secretary Ashok Lavasa on Saturday evening hailed Finance Minister Arun Jaitley's Budget, stating that the government took a considered call to balance spending with fiscal prudence.

"Spending impetus was necessary for rural, agriculture, infrastructure, social sectors. The Budget provides that," said Lavasa, during a panel discussion at Making Sense of Budget 2017, moderated by Business Standard at Metropolitan Hotel in New