Next-generation reforms are at the bottom of the list of nine priorities of this Budget
It places special emphasis on education, employment generation and skill development recognising these as crucial components for sustainable economic growth and social welfare
India spends only 0.4% of agri GDP on R&D and it is far below the levels in China, Brazil, and Israel
Tinkering with rates proposed in the Budget does not change the protectionist stance and there is a need for rethink on the issue
The quality of expenditure continues to improve
The introduction of the tax dispute settlement scheme promises a transformative impact on India's tax landscape
The Budget could have outlined a three-tier Customs duty structure with minimum rate on raw materials, a slightly higher rate on intermediates, and the highest rate on finished products
The government's focus on employment and skilling is at the heart of this ambitious plan
Policy reforms would work better than programmes or projects
As for the long-term vision of the Budget, there are some reassuring messages from the finance minister
The abolition of Angel Tax for all classes of investors provides a fillip to the innovation ecosystem and entrepreneurs
The 10 budgets of the Modi government so far were BJP budgets. This is its first coalition budget
The growth-focused budget signals a clear intent to strengthen the economy, which will result in a stronger middle class, whose aspirations will be a key driver of growth for the automotive industry
The budget had a strong focus on employment generation with measures including a wage incentive for first-time employees entering the formal sector
The key highlight of the budget is the government's steadfast dedication to fiscal prudence
A reduction in the basic customs duty of gold to 6 per cent (from 15 per cent) will reduce smuggling, said Union minister Piyush Goyal
PSBs to develop capabilities to assess MSMEs for credit, reducing external reliance
The proposed amendments to the angel tax regime will be made effective from April 1, 2025, and will be applicable from assessment year 2025-26
Simpler TDS structure and tax regime for charities. Changes to reassessment and search provisions and capital gains taxations
Rupee declines to new low over fall in domestic equities